22 Apr 2020
S&P 500 Asia Price Forecast: US stocks rebound and challenge 2800 mark
- S&P 500 index consolidates the bullish recovery.
- The level to beat for buyers is the 2800 resistance.
S&P 500 daily chart
The previous session saw the S&P 500 dipping down, however, the market is already rebounding from the 2730 support and is now challenging the 2800 figure. A break above this level will see the resumption of the bullish recovery towards the 2850 and 2900 levels initially. Support is seen near the 2730, 2650 and 2600 levels.
Additional key levels