23 Apr 2020
S&P 500 Price Analysis: US stocks end session just below 2800 mark
- S&P 500 Index bullish recovery stays intact.
- The level to beat for bulls is the 2800 resistance.
S&P 500 daily chart
The market broke above the 2800 figure intraday but is about to end the New York session just below the level. The bullish recovery stays intact as buyers will likely attempt another run to the 2800 and 2850 levels in the coming sessions. The main resistance to break is the 2900 figure followed by the 3000 big round number. Support is seen near the 2730 and 2700 levels.
Additional key levels