S&P 500 New York Price Forecast: The bullish recovery remains intact

  • S&P 500 index is trading in one-month tops above the 2800 level.
  • Further advances can lead the S&P 500 to the 2900 and 3000 figures.   
 

S&P 500 daily chart

 
The S&P 500 bullish recovery remains intact as the market trades above the 2800 level. Buyers are being relentless and the next pit-stop could be the 2900 and 3000 price levels on the way up. On the flip side, any retracement could find initial support near the 2800 level followed by the 2700 level.
 

Additional key levels 

 

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