S&P500 Technical Analysis: US Stocks reclaim the 2,800.00 figure

S&P500 daily chart

• The S&P500 is trading above its main simple moving average suggesting bullish momentum.

S&P500 4-hour chart

• The S&P500 is trading above the 100 and 200 SMAs suggesting a bullish bias in the medium-term.

S&P500 60-minute chart

• The S&P500 is trading between the 100 and 200 SMAs suggesting a consolidation in the short-term.
• A break above 2,830.00 can drive the market to 2,850.00 resistance.
• To the downside, support is at 2,810.00; 2,790.00 and 2,770.00 level.

Additional key levels