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S&P500 weekly chart

  • The market is trading to a new all-time high as the S&P500 index hits 2,950.00.

S&P500 daily chart

  • Bulls broke above 2,940.50 resistance as the market is in uncharted territory.  
  • Buyers have likely opened the doors to 2,970.00 and the 3,000.00 psychological level.
  • Looking down, support is seen at 2,900.00 and 2,860.00 level.

Additional key levels