S&P 500 Price May Break Up $6095 Level

Cardano is trading higher

S&P 500 Price Analysis – 03 December

If the $6054 level holds, the S&P 500 might rise and split into the resistance levels of $6095, $6100, and $6150. The price may test the $6014 and $5877 levels if the $6054 support level is broken.

Key Levels:

Resistance levels: $6095, $6100, $6150

Support levels: $6054, $6014, $5877

S&P 500 Long-term trend: Bullish

The S&P 500 Index’s daily chart indicates an increasing trend. Since August 5, acquisitions have been the index’s main driver. On October 9, there was another effort to reach the $5877 milestone. More people rejected the concept when it was approved. For the time being, the suppliers were able to prevent future price increases by keeping the previously set price at the first amount that was mentioned. Long-lasting was the double-bottomed bullish reversal chart pattern that resulted. At the $6014 level, the S&P 500 soar to the resistance level of $6095 level.

If the $6054 level holds, the S&P 500 might rise and split into the resistance levels of $6095, $6100, and $6150. The price may test the $6014 and $5877 levels if the $6054 support level is broken. Both the Hull Suite crypto signals and the QQE MOD histogram indicate a sell. Perhaps everything will go as planned.

S&P 500 Medium-term Trend: Bullish

The 4-hour chart of the S&P 500 shows an inclination pattern. The price has been unable to break below the $5877 barrier level for the past two weeks due to the bulls’ strong activity. As the price has been rising, the bears have been steady at the level that was previously established. Last week, the price surged back to $6014 due to an engulfing candle pattern. Right now, Cardano is trading higher than its previous peak of $6095.

The Hull Suite indication is less costly than the S&P 500. When the QQE MOD indicator gets over zero, it indicates a strong purchase signal.

Start using a world-class auto trading solution

You can purchase Lucky Block here.  Buy LBLOCK