Market Conditions for SPX as at May 21, 2019
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Support & Resistance
Multi Time Period Price Performance for S&P 500 Index
S&P 500 Index ProfileThe S&P 500 Index (SPX), often abbreviated as the S&P 500, and also known as the S&P is a stock market index trading in America at the New York Stock Exchange (NYSE). The price of the index is quoted in US Dollar (USD) and it last closed 0.85% higher at $2,864.36 on Tuesday.
Technical Analysis Summary for May 21, 2019
Though the stock index is currently in a short-term downtrend, this might just be a correction, as both the medium and long-term trends are still bullish. Tuesday's trading range has been $14.86 (0.52%), that's far below the last trading month's daily average range of $30.39. Buying could speed up should prices move above the close-by swing high at 2892.15 where further buy stops might get triggered.
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