S&P500 Index Technical Analysis: The recent advance is slowing down below 2,650.00 resistance

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S&P500 daily chart

  • The S&P500 Index is in a deep pullback below the 100 and 200-day simple moving averages (SMAs).
  • The market is trading above the 50 SMA.


	S&P500 Index Technical Analysis: The recent advance is slowing down below 2,650.00 resistance

S&P500 4-hour chart

  • The S&P500 is trading above the main SMAs suggesting bullish momentum in the medium-term.


	S&P500 Index Technical Analysis: The recent advance is slowing down below 2,650.00 resistance

S&P500 30-minute chart

  • The S&P500 is trading below the 2,650.00 level and the 200 SMA suggesting downward momentum in the near-term.
  • A bearish break below the 2,620.00 support would lead to the 2,600.00 figure.
  • To the upside, the 2,650.00 level is seen as resistance.


	S&P500 Index Technical Analysis: The recent advance is slowing down below 2,650.00 resistance

Additional key levels

SP 500

Overview:
    Today Last Price: 2641.75
    Today Daily change: 3.50 points
    Today Daily change %: 0.13%
    Today Daily Open: 2638.25
Trends:
    Daily SMA20: 2578.57
    Daily SMA50: 2610.04
    Daily SMA100: 2713.42
    Daily SMA200: 2752.04
Levels:
    Previous Daily High: 2653.75
    Previous Daily Low: 2613
    Previous Weekly High: 2677.25
    Previous Weekly Low: 2567.25
    Previous Monthly High: 2813.5
    Previous Monthly Low: 2340.25
    Daily Fibonacci 38.2%: 2638.18
    Daily Fibonacci 61.8%: 2628.57
    Daily Pivot Point S1: 2616.25
    Daily Pivot Point S2: 2594.25
    Daily Pivot Point S3: 2575.5
    Daily Pivot Point R1: 2657
    Daily Pivot Point R2: 2675.75
    Daily Pivot Point R3: 2697.75

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