S&P 500 Price Tests $5500 Resistance Level, What Else?

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Bulls dominate S&P 500 market

S&P 500 Price Analysis – 25 June

S&P 500 may increase and split into the resistance levels of $5500, $5578, and $5600, if the $5414 level holds. If the $5414 support level is broken, the price may test the $5265 and $5199 support levels

Key Levels:

Resistance levels: $5500, $5578, $5600

Support levels: $5414, $5265, $5199

S&P 500 Long-term trend: Bullish

The daily chart of the S&P 500 Index shows an upward trend. Since October of last year, acquisitions have been the main driver of the S&P 500 index. The recently beaten resistance level of $5265, was attempted to be broken again on April 1. The sellers are preventing further price hikes by sticking to the set prices. The price went risen until $4968, at which point it went up. The price is currently above its previous peak because purchasers are scrambling to break through the previously established level.

S&P 500 Price Tests $5500 Resistance Level, What Else?

S&P 500 may increase and split into the resistance levels of $5500, $5578, and $5600, if the $5414 level holds. If the $5414 support level is broken, the price may test the $5265 and $5199 support levels. The QQE MOD histogram and the Hull Suite crypto signals both point to a buy. Perhaps it will continue on the correct path.

S&P 500 Medium-term Trend: Bullish

The S&P 500’s 4-hour chart displays inclination patterns. Over the previous two weeks, the price has broken above the $5265 barrier level due to the bulls’ tremendous aggression. The bulls have clung to the previously set level as the price has increased. Last week, a bullish engulfing candle sent the price up to $5414. The $5500price target was reached. Bulls are now trading above the previous high of $5414.

S&P 500 Price Tests $5500 Resistance Level, What Else?

Compared to the S&P 500, the Hull Suite indication is less expensive. When the QQE MOD indicator is greater than zero, a purchase signal is present.

You can purchase Lucky Block here.  Buy LBLOCK

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *