S&P 500 Price Analysis – March 3 The S&P 500 swings around 3,897, up 0.68% during the European session on Wednesday. After its decline in the prior session, the index steers the upside from 3,868 lows past 3,900. The influx of liquidity that is supposed to come when Congress passes the upcoming relief bill could […]
S&P 500 Price Analysis – February 24 The S&P 500 picked up bids near the 3,856 level, up 0.20% during the European session on Wednesday. In doing so, the risk barometer rises for the first time in seven days. The market mood is mixed after a turbulent Tuesday – the Fed Chair Powell saved the […]
S&P 500 Price Analysis – February 17 The S&P 500 started the day sharply lower while pointing losses at the open and struggling to stay beyond the 3900 levels. As of writing, the S&P 500 was down 0.8% on the day at 3,901. Despite upbeat data published by the US Census Bureau on January retail […]
S&P 500 Price Analysis – February 9 The S&P 500 stays past the 3900 levels, currently near 3919 highs, during early Tuesday as it eases amid the lack of a new catalyst. The market bias stays positive following fresh interest in US bonds combined with US stimulus hopes. Key LevelsResistance Levels: 4100, 4000, 3950Support Levels: […]
S&P 500 Price Analysis – February 2 The S&P 500 holds past 3800 levels as upside traction prints fresh highs in the mid 3800 vicinities to maintain the immediate threat of a higher spike. The index had opened positively on Tuesday amid surging oil prices with Energy Index up nearly 2% after the opening bell. […]
S&P 500 Price Analysis – January 26 The risk sentiment took a fresh on S&P 500 as it probes recent lows in the 3830 vicinity deepening losses to the tune of 0.60% while heading towards 3800 levels. US Senate Majority Leader Chuck Schumer raised doubts over the swift approval of President Joe Biden’s $1.9T fiscal […]
S&P 500 Price Analysis – January 19 The S&P 500 extend prior days upside run amid a quiet European session early on Tuesday staying unrelenting towards the 3800 levels. The risk barometer rises for the second consecutive day as global markets prepare for fiscal relief goals up to $1.9 trillion. Key LevelsResistance Levels: 4000, 3900, […]
S&P 500 Price Analysis – January 12 S&P 500 alternates around 3801-3816 levels, up 0.19% intraday during early Tuesday, and fails to extend the prior day’s pullback from a recent high of 3831.4 level. The uncertainty over US President Donald Trump’s reign joins the coronavirus (COVID-19) woes to weigh on risks. Key levelsResistance Levels: 4000, […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair has been in a downward move since June. For the past two days, the Yen has been correcting upward against the downward move. If the Yen breaks the SMAs, the upward move will continue. The uptrend is […]
