- The S&P500 is trading in a bull trend above its 200-day simple moving average.
- The S&P500 lost some ground on Thursday retracing slightly just above 2,800.00 figure.
- Bulls would need to hold the price above this level if they don’t want to see the bears take over the market back to 2,763.50 July 11 low.
S&P500 daily chart
Main trend: Bullish
Resistance 1: 2,800.00 figure
Resistance 2: 2,834.25 October 10 low
Resistance 3: 2,853.00 August 9 low
Support 1: 2,766.00 November 2 high
Support 2: 2,718.75 April 17 high
Support 3: 2,700.00 figure
Support 4: 2,647.25 March 2 low
Support 5: 2,600.00 figure
Support 6: 2,530.75, 2018 low
Additional key levels at a glance:
SP 500
Overview:
Last Price: 2805
Daily change: -1.3e+3 pips
Daily change: -0.461%
Daily Open: 2818
Trends:
Daily SMA20: 2738.92
Daily SMA50: 2832.26
Daily SMA100: 2830.39
Daily SMA200: 2767.4
Levels:
Daily High: 2818.75
Daily Low: 2758.5
Weekly High: 2766
Weekly Low: 2604.5
Monthly High: 2939.5
Monthly Low: 2604.5
Daily Fibonacci 38.2%: 2795.73
Daily Fibonacci 61.8%: 2781.52
Daily Pivot Point S1: 2778.08
Daily Pivot Point S2: 2738.17
Daily Pivot Point S3: 2717.83
Daily Pivot Point R1: 2838.33
Daily Pivot Point R2: 2858.67
Daily Pivot Point R3: 2898.58