Home » Technical Analysis » Daily Market Technical Analysis: S&P 500 Waits on News

Daily Market Technical Analysis: S&P 500 Waits on News

S&P 500 (2,000.72)

The Standard and Poor’s 500 is in a holding pattern right now just above the key technical level of 2,000. We are waiting on today’s employment data to be released. Once that happens we could get some reaction out of this market.

S&P 500
S&P 500

The market is butting heads at the level found at 2,006.50. A failure here with a close below 1,990.50 to 1,085.50 cluster zone would see the market test 1,963.50. A move above 2,006.50 opens the doors for 2,020 then 2021.50. Above that test 2,030 then 2032.00.

About ForexMarketz

Check Also

gold

Gold Futures look to Stay Above $1,800 per Ounce

0.0 00 The spot gold futures contract is trading back above $1,800 per ounce after …

Leave a Reply

Your email address will not be published.