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S&P500 Technical Analysis: Bulls en route towards the 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 broke above the 2,500.00 figure and the 50/100 SMAs.

S&P500 30-minute chart

  • Bulls are trading above the main SMAs suggesting bullish momentum.
  • A breakout above the 2,570.00 level would open the doors to 2,600.00 resistance. 

Additional key levels

SP 500

Overview:
    Today Last Price: 2563.75
    Today Daily change: 1.0e+3 pips
    Today Daily change %: 0.401%
    Today Daily Open: 2553.5
Trends:
    Previous Daily SMA20: 2523.99
    Previous Daily SMA50: 2642.52
    Previous Daily SMA100: 2748.94
    Previous Daily SMA200: 2754.61
Levels:
    Previous Daily High: 2566.75
    Previous Daily Low: 2523.5
    Previous Weekly High: 2539
    Previous Weekly Low: 2441
    Previous Monthly High: 2813.5
    Previous Monthly Low: 2340.25
    Previous Daily Fibonacci 38.2%: 2550.23
    Previous Daily Fibonacci 61.8%: 2540.02
    Previous Daily Pivot Point S1: 2529.08
    Previous Daily Pivot Point S2: 2504.67
    Previous Daily Pivot Point S3: 2485.83
    Previous Daily Pivot Point R1: 2572.33
    Previous Daily Pivot Point R2: 2591.17
    Previous Daily Pivot Point R3: 2615.58

 

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