S&P500 Technical Analysis: US Stocks remain upbeat near 2,910.00 level

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S&P500 daily chart

  • The S&P500 index is trading in a bull trend above its main simple moving averages (SMAs).


S&P500 4-hour chart

  • The S&P500 is evolving above its main SMAs suggesting a bullish bias in the medium-term.

S&P500 60-minute chart

  • The S&P500 is trading above its main SMAs leaving the bull trend intact for the time being.
  • If bulls can break above 2,910.00, the next key resistance to the upside is at 2,930.00 level.
  • To the downside, traders can expect support at 2,890.00; 2,880.00 and 2,870.00 level.


Additional key levels

 

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