S&P500 Technical Analysis: US Stocks trading at 3-month’s highs

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S&P500 daily chart

  • The S&P500 broke above the 200-day simple moving average as bulls are trying to regain control.

S&P500 4-hour chart

  • The S&P500 is trading above its main SMAs suggesting bullish momentum in the medium-term. 
  • The bulls are likely looking at the 2,815.00 resistance. 

S&P500 30-minute chart

  • The S&P500 is trading between the 100 and 200 SMAs suggesting a sideways market in the short-term.
  • Bulls need to overcome 2,780.00 resistance to reach 2,800.00 and 2,815.00 levels.
  • To the downside, support is at 2,765.00 and 2,730.00 level.

Additional key levels:

SP 500

Overview:
    Today Last Price: 2774.25
    Today Daily change: -13.00 points
    Today Daily change %: -0.47%
    Today Daily Open: 2787.25
Trends:
    Daily SMA20: 2723.89
    Daily SMA50: 2623.9
    Daily SMA100: 2669.96
    Daily SMA200: 2751.9
Levels:
    Previous Daily High: 2790.75
    Previous Daily Low: 2773.75
    Previous Weekly High: 2778.5
    Previous Weekly Low: 2702.5
    Previous Monthly High: 2714
    Previous Monthly Low: 2441
    Daily Fibonacci 38.2%: 2784.26
    Daily Fibonacci 61.8%: 2780.24
    Daily Pivot Point S1: 2777.08
    Daily Pivot Point S2: 2766.92
    Daily Pivot Point S3: 2760.08
    Daily Pivot Point R1: 2794.08
    Daily Pivot Point R2: 2800.92
    Daily Pivot Point R3: 2811.08

 

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