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S&P500 Technical Analysis: Bulls holding tight above the 2,600.00 level

S&P500 daily chart 

  • The S&P500 index is having a deep pullback down below the 200-day simple moving average (SMA).
  • The S&P500 is currently managing to hold near the 2-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

Dollar Index Spot

Overview:
    Today Last Price: 97.08
    Today Daily change: 3.0 pips
    Today Daily change %: 0.0309%
    Today Daily Open: 97.05
Trends:
    Previous Daily SMA20: 96.9
    Previous Daily SMA50: 96.47
    Previous Daily SMA100: 95.8
    Previous Daily SMA200: 94.18
Levels:
    Previous Daily High: 97.49
    Previous Daily Low: 96.89
    Previous Weekly High: 97.21
    Previous Weekly Low: 96.37
    Previous Monthly High: 97.7
    Previous Monthly Low: 95.68
    Previous Daily Fibonacci 38.2%: 97.12
    Previous Daily Fibonacci 61.8%: 97.26
    Previous Daily Pivot Point S1: 96.8
    Previous Daily Pivot Point S2: 96.54
    Previous Daily Pivot Point S3: 96.2
    Previous Daily Pivot Point R1: 97.4
    Previous Daily Pivot Point R2: 97.74
    Previous Daily Pivot Point R3: 98

 

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