S&P 500 Präis kann $ 3926 Resistenzniveau opbriechen

Azeez Mustapha

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S&P 500 market may experience increased bullish pressure

S&P 500 Präisanalyse - 10. Januar

S&P 500 kann verletzen the $3926 resistance level if buying pressure increases, and more buying pressure could push the price as high as $4087 and $4169 levels. If the resistance level of $3926 holds, price may turn around and decline toward the support levels of $3740, $3649, and $3493.

Schlëssel Niveauen:

Resistenzniveauen: $ 3926, $ 4087, $ 4169

Ënnerstëtzungsniveauen: $3740, $3649, $3493

S&P 500 Laangfristeg Trend: Bullish

The S&P 500 is in a bullish trend on the daily chart. The bears dominate the S&P 500 market after the bull lost steam at the $4087 barrier threshold. Price declines to the support level of $3740 on 22 December. Bears lose momentum and the bulls also have no enough pressure to drive the price towards the north. Since then, S&P 500 has been trading within $3926 and $3740 levels.

It seems the bearish momentum is getting weak as the S&P 500 is trading above both the 9- and 21-period exponential moving averages. S&P 500 may violate the $3926 resistance level if buying pressure increases, and more buying pressure could push the price as high as $4087 and $4169 levels. If the resistance level of $3926 holds, price may turn around and decline toward the support levels of $3740, $3649, and $3493. A buy signal is being displayed because the Relative Strength Index period 14 is at 53 and the signal line is moving higher.

S&P 500 Mëttelfristeg Trend: Bullish

The 4-hour chart’s forecast indicates that the S&P 500 is headed upward. The price tested the support level of $3740 and the sellers’ strength became weak. It started a fluctuation trade in the 4-hour. The price started a bullish movement when the bulls gained more momentum. At the moment, the price is struggling to break up the resistance level of $3926.

It is trading above both the 9- and 21-period exponential moving averages, the price is heading upward. The Relative Strength Index period 14 at 56 levels display a bullish signal.

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Azeez Mustapha

Den Azeez Mustapha ass en Handelsprofesser, Währungsanalytiker, Signalstrategist, a Fondsmanager mat iwwer zéng Joer Erfarung am Finanzberäich. Als Blogger a Finanzautor hëlleft hien Investisseuren komplex finanziell Konzepter ze verstoen, hir Investitiounsfäegkeeten ze verbesseren, a léiere wéi se hir Suen managen.

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