S&P500 Technical Analysis: Bulls wake up as the battle for 2,500.00 keeps going

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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 Technical Analysis: Bulls wake up as the battle for 2,500.00 keeps going

S&P500 4-hour chart

  • The S&P500 broke above the 2,500.00 psychological level and the 50 SMA.


	S&P500 Technical Analysis: Bulls wake up as the battle for 2,500.00 keeps going

S&P500 30-minute chart

  • The S&P500 broke above the 50, 100 and 200 SMAs as the bulls are taking control.
  • If sellers keep the momentum going then 2,530.00 and 2,570.00 are seen as potential bull targets in the coming sessions.


	S&P500 Technical Analysis: Bulls wake up as the battle for 2,500.00 keeps going

Additional key levels 

SP 500

Overview:
    Today Last Price: 2509.5
    Today Daily change: 5.8e+3 pips
    Today Daily change %: 2.38%
    Today Daily Open: 2451.25
Trends:
    Previous Daily SMA20: 2540.32
    Previous Daily SMA50: 2646.92
    Previous Daily SMA100: 2755.64
    Previous Daily SMA200: 2756.28
Levels:
    Previous Daily High: 2493
    Previous Daily Low: 2443.25
    Previous Weekly High: 2521.75
    Previous Weekly Low: 2340.25
    Previous Monthly High: 2813.5
    Previous Monthly Low: 2340.25
    Previous Daily Fibonacci 38.2%: 2462.25
    Previous Daily Fibonacci 61.8%: 2474
    Previous Daily Pivot Point S1: 2432
    Previous Daily Pivot Point S2: 2412.75
    Previous Daily Pivot Point S3: 2382.25
    Previous Daily Pivot Point R1: 2481.75
    Previous Daily Pivot Point R2: 2512.25
    Previous Daily Pivot Point R3: 2531.5

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