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28 Apr 2020
S&P 500 Price Analysis: US stocks move higher and challenge 2900 resistance
- S&P 500 index bounce from 2020 lows stays intact.
- The level to beat for bulls is the 2900 resistance on a daily closing basis.
S&P 500 daily chart
The S&P 500 is attempting to break the 2900 resistance on an intraday basis. A daily close above the level can be open the door to more gains towards the 3000 and 3130 levels in the medium-term. Support can be seen near the 2850 and 2800 price levels.
Additional key levels