S&P 500 Price Analysis: US stocks recovery intact, trade above 2800 mark

  • S&P 500 Index bullish recovery remains intact.
  • The level to beat for buyers is the 2850 resistance. 
 

S&P 500 daily chart

 
The market broke above the 2800 figure. The bullish recovery remains intact as bulls are eying the  2850 and 2900 levels as initial targets. Support is seen near the 2800, 2730 and 2700 levels.
 

Additional key levels 

 

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