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S&P500 Technical Analysis: Bulls in good shape eyeing 2,600.00 figure

S&P500 daily chart

  • The S&P500 is having a deep pullback below the 50, 100 and 200-period simple moving averages (SMAs). 

S&P500 4-hour chart

  • The S&P500 is breaking above the 2,500.00 figure and the 50 SMA.

 

S&P500 30-minute chart

  • A break of the 2,570.00 level would open the gates to 2,600.00 resistance. 

Additional key levels

SP 500

Overview:
    Today Last Price: 2560
    Today Daily change: 3.1e+3 pips
    Today Daily change %: 1.21%
    Today Daily Open: 2529.5
Trends:
    Previous Daily SMA20: 2531.04
    Previous Daily SMA50: 2644.25
    Previous Daily SMA100: 2752.17
    Previous Daily SMA200: 2755.39
Levels:
    Previous Daily High: 2539
    Previous Daily Low: 2441
    Previous Weekly High: 2539
    Previous Weekly Low: 2441
    Previous Monthly High: 2813.5
    Previous Monthly Low: 2340.25
    Previous Daily Fibonacci 38.2%: 2501.56
    Previous Daily Fibonacci 61.8%: 2478.44
    Previous Daily Pivot Point S1: 2467.33
    Previous Daily Pivot Point S2: 2405.17
    Previous Daily Pivot Point S3: 2369.33
    Previous Daily Pivot Point R1: 2565.33
    Previous Daily Pivot Point R2: 2601.17
    Previous Daily Pivot Point R3: 2663.33

 

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