Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
S&P 500 Price Analysis – July 28
S&P 500 Futures rise 0.35 percent during early Tuesday picking up bids close to 3249 levels. After once again faced rejection at 3250 levels, the S&P 500 has reached a consolidation trading period beyond 3200 levels, anticipating fresh support from US stimulus negotiations, optimism on global stocks, and the Fed decision.
Key Levels
Resistance Levels: 3400, 3360, 3300
Support levels: 3216, 3183, 3139
S&P 500 Long term Trend: Bullish
The S&P 500 faced opposition at level 3250 and further out is the next weekly hurdle restricting upside around level 3300. The bulls are prone to incur a few minor hurdles on the upside path. Potent support may threaten the interaction of the bears at 3216 levels.
To the drawback, the support cluster is positioned around 3216 levels, high from the previous month’s convergence. Upon a breach beneath the latter, the support may be tested at level 3186, which is the confluence of the moving average of 13 and ascending trendline support.
S&P 500 Short term Trend: Bullish
The technical analysis context of the S&P 500 index lies currently in a very fascinating zone on the 4-hour time frame. It would be bullish to breach back beyond 3250 levels but a breach at the 3300 levels at the horizontal resistance line would hold the uptrend stable.
Taking a look at the indicators in the prior session, as they took a bullish shift forward. The relative strength edged beyond 50, though decreasing. Both the moving average 5 and 13 have turned to the positive side and maybe near a crossover past the 3250 levels.
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
