S&P500 Technical Analysis: US stocks dip to 2,805.00 level

FX Street

Updated: 22 Mar. 2019 | 19:37

S&P500 daily chart

The S&P500 is trading above its main simple moving average suggesting bullish momentum.

S&P500 4-hour chart

The S&P500 is trading between the 100 and 200 SMAs suggesting a consolidation in the medium-term.

S&P500 60-minute chart

The S&P500 found support at 2,805.00 level.
To the upside, resistance is seen at 2,830.00, 2,840.00 level and 2,850.00 level.
Further down 2,790.00 is seen as next support if 2,805.00 is broken.

Additional key levels

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