24 Apr 2020
S&P 500 Price Analysis: US stocks cling to 2800 mark, bullish
- S&P 500 Index bullish rebound from 2020 lows stays intact.
- The level to beat for buyers is the 2800 resistance.
S&P 500 daily chart
The market is challenging the 2800 figure as the bullish recovery remains intact as bulls are eying the 2850 level. However, the main resistance to break is the 2900 figure which could lead to more significant price swing towards the 3000 big round number. Support can emerge near the 2730 and 2700 levels.
Additional key levels