TipTVFinance

S&P 500 – Confluence of key levels around 2100

TVC:SPX   The Standard&Poor's Index
Resistance

2114.7 ( Oct             13 low)
2124.4 ( Oct             17 low)
2131.5 (current month high)

Support

2103-2100 (23.6% of Feb low – Aug high & monthly 10-MA)
2081 (200-DMA)
2047.2 (38.2% of Feb low – Aug high)

Comments – Despite the bearish closing yesterday below 2120 levels, the index is finding support at the confluence of monthly 10-MA and 23.6% Fibo around 2100 levels. Moreover, the monthly 10-MA is still sliding upwards, thus a rebound from the same followed by a break above 2131.5 (monthly high) would open doors for a revisit to 2150-2160 area.

United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out