S&P500 daily chart  The S&P500 Index is trading in a bull trend above its main simple moving averages (SMAs). The market dropped as low as 2,836.00 as it is about to close above the 50 SMA. S&P500 4-hour chart The market is trading below the main SMAs suggesting bearish pressure in the medium term. S&P500 30-minute chart The bears reached 2,840.00 support from which the market is having a rebound.  If bulls can break above 2,880.00 resistance then 2,900.00.00 can be back on the cards for bulls. On the flip side, if bears break 2,840.00 then 2,820.00 and 2,800.00 can be next. Additional key levels  FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Wall Street supported on Trump’s optimism, but DJIA dropped below 61.8% Fibo FX Street 3 years S&P500 daily chart  The S&P500 Index is trading in a bull trend above its main simple moving averages (SMAs). The market dropped as low as 2,836.00 as it is about to close above the 50 SMA. S&P500 4-hour chart The market is trading below the main SMAs suggesting bearish pressure in the medium term. S&P500 30-minute chart The bears reached 2,840.00 support from which the market is having a rebound.  If bulls can break above 2,880.00 resistance then 2,900.00.00 can be back on the cards for bulls. On the flip side, if bears break 2,840.00 then 2,820.00 and… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.