S&P500 Technical Analysis: Bulls unstoppable en route towards 2,910.00 level

S&P500 daily chart

• The S&P500 index is trading above its main simple moving averages (SMAs) suggesting bullish momentum.

S&P500 4-hour chart

• The S&P500 is trading above its main SMAs suggesting a bullish bias in the medium-term.

S&P500 60-minute chart

• The market broke above 2,886.00 key resistance opening the doors to another leg higher to 2,910.00 resistance.
• To the downside, support can be expected at 2,886.00 and 2,870.00 level.

Additional key levels