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S&P500 Technical Analysis: Bulls looking at the 2,700.00 level

Daily chart 

  • The S&P500 index is trading in a bear trend below the 200-day simple moving average (SMA).
  • The S&P500 is trading near the 3-month’s low.
  • If bulls can hold prices above 2,600.00 then 2,700.00 and 2,750.00 can be the next bull targets. On the flip side, a bear breakout below 2,600.00 can open the doors to the 2,570.00 level.

Additional key levels

SP 500

Overview:
    Today Last Price: 2640.75
    Today Daily change: -75 pips
    Today Daily change %: -0.0284%
    Today Daily Open: 2641.5
Trends:
    Previous Daily SMA20: 2696.67
    Previous Daily SMA50: 2734.15
    Previous Daily SMA100: 2809.84
    Previous Daily SMA200: 2766.31
Levels:
    Previous Daily High: 2648
    Previous Daily Low: 2583.5
    Previous Weekly High: 2813.5
    Previous Weekly Low: 2621
    Previous Monthly High: 2818.75
    Previous Monthly Low: 2626
    Previous Daily Fibonacci 38.2%: 2623.36
    Previous Daily Fibonacci 61.8%: 2608.14
    Previous Daily Pivot Point S1: 2600.67
    Previous Daily Pivot Point S2: 2559.83
    Previous Daily Pivot Point S3: 2536.17
    Previous Daily Pivot Point R1: 2665.17
    Previous Daily Pivot Point R2: 2688.83
    Previous Daily Pivot Point R3: 2729.67

 

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