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S&P 500 price may surpass the $4276 level
S&P 500 Uhlalutyo lwexabiso - 30 Meyi
The S&P 500 may break above the $4180 resistance level, and further buying could drive the price up to the $4276 and $4364 levels. The price may revert and fall in the direction of the support levels of $4180, $4087, and $3927 if the $4276 resistance level is held
Amanqanaba aphambili:
Amanqanaba okumelana: $ 4276, $ 4364, $ 4476
Amanqanaba enkxaso: $ 4180, $ 4087, $ 3927
I-S&P 500 Intsingiselo yexesha elide: Bullish
S&P 500 is moving in a bullish direction on the daily chart. On March 9, the support level of $3927 was shattered. Due to little to no selling pressure, it was unable to reach the $3740 support level. It complied with the client’s request to apply more pressure to pricing. S&P 500 rose from March 16 until it hit its apex of $4180. Beyond the dynamic resistance level, the price rises. As a result of strong purchasing pressure, the $4180 mark was crossed, and $4276 is the goal now.
As buying pressure picks up, the S&P 500 may break above the $4180 resistance level, and further buying could drive the price up to the $4276 and $4364 levels. The price may revert and fall in the direction of the support levels of $4180, $4087, and $3927 if the $4276 resistance level is held. The relative strength index period 14 is at 61 and the signal line pointing upward represents a purchase signal.
I-S & P 500 yeXesha eliPhakathi leTrend: Bullish
On the 4-hour chart, the S&P 500 is in the bullish direction. The buyers avoided a significant decrease in the price of the S&P 500 by maintaining the $3927 barrier level. When the price crossed the $4087 support level, buying pressure caused the price to incline. The $4180 resistance level was where the price was moving. A barrier level of $4180 was crossed when buyers’ pressure increased. It is currently exposed to a $4276 level.
Ixabiso le-S&P 500 okwangoku lirhweba ngaphezulu kwe-9- kunye ne-21-ixesha lokuhamba okubonakalayo okuhambayo. Kwixesha le-Relative Strength Index 14, kwinqanaba le-59, isibonakaliso se-bullish siyabonakala.
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