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S&P500 daily chart

  • The S&P500 Index is trading in a bull trend above its main SMAs near the all-time high.

S&P500 4-hour chart

  • The market opened with a large gap however the buying pressure was consistent throughout the day.  

S&P500 30-minute chart

  • The market popped above  the main SMAs which remain sloped to the downside.
  • Bulls would need to overcome 2,938.00 resistance to get to 2,948.00 and 2960.00 to the upside.
  • Support is seen at 2,915 and 2,900.00 level.

Additional key levels