S&P 500 trading above major support of 2800

Major uptrend for the S&P 500 and trading above the 200-day moving average with the 50-day above the 200-day average. The S&P 500 must hold major support of 2800 or there will be a test at the the 200-day average.

Major support for the S&P 500 is 2800.


Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

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