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S&P500 technical analysis: US stocks consolidate gains above 2,845.00 support

S&P500 daily chart
 
The S&P500 Index is trading in a bull trend above its 100 and 200-period simple moving averages (SMAs).

S&P500 4-hour chart

The market is consolidating above 2,830.00 swing low the 50 SMA.


S&P500 30-minute chart

Bulls need to break above 2,870.00 resistance. If the market can break above it then 2,880.00 and 2,890.00 can be back on the cards. Support is at 2,845.00 and 2,835.00 level.  

Additional key levels

 

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