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25 Apr 2019

S&P500 Technical Analysis: US Stocks hovering just below the all-time high

S&P 500 monthly chart

  • The market is trading below 2,935.50 which the all-time high established in January 2019.
  • A bullish break above the level would lead the stock index in uncharted territory. 


S&P500 daily chart

  • If bulls break above 2,935.50 they would likely open the doors to 2,970.00 and the 3,000.00 psychological level.
  • Looking down, support is likely seen at 2,900.00 and 2,860.00 level.


Additional key levels

 

Apr 25, 2019

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Apr 25, 2019

Wall Street sees the DJIA continue in its technical pull-back

U.S. stock prices were mostly higher with a mixed performance once again in the indexes on the back of earnings results, data and global growth sentim
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