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 – February 08
Should the bears penetrate the support level of $4414, S&P 500 will decline to $4299 and $4207 levels. In case the bulls gain more pressure and break up $4539 resistance level, then, $4708 and $4795 may be reached.
S&P 500 Market
Key levels:
Resistance levels: $4539, $4708, $4795
Support levels: $4414, $4299, $4207
S&P 500 Long-term trend: Bearish
S&P 500 is bearish on the weekly chart. The price continue to obey the bearish chart pattern formed on the weekly chart. The weekly chart formed “M” chart pattern at $4708 resistance level. Last week, the price pulled back at $4414 level, it moved towards the resistance level of $4539, it has not reach the mentioned mark. The bears are trying to return the S&P 500 to bearish trend.
S&P 500 is trading below the 9 periods EMA and the 21 periods EMA at distance which indicate that bears’ pressure is increasing in the S&P 500 market. The relative strength index period 14 is at 50 levels with the signal lines pointing down to indicate sell signal. Should the bears penetrate the support level of $4414, S&P 500 will decline to $4299 and $4207 levels. In case the bulls gain more pressure and break up $4539 resistance level, then, $4708 and $4795 may be reached.
S&P 500 Medium-term Trend: Bearish
S&P 500 is on the bearish movement on the daily chart outlook. The bulls dominated market last week. The price was heading towards $4708. The bears interrupt the upward movement. The price is currently facing south direction. Bears are returning to the market.
The price is trading between the 9 periods EMA and 21 periods EMA as an indication of bearish movement. The relative strength index period 14 is below 50 levels displaying sell signal.
- 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