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31 Mar 2020
S&P 500 New York Price Forecast: US stocks hovering near 11-day’s highs
- S&P 500 is pressuring the 2600 mark.
- A daily close above the 2700 level is needed to confirm a potential bottom.
S&P 500 daily chart
The S&P 500 is pressuring the 2600 mark as bulls want a continuation up of the bullish move started last week. However, the market should ideally close above the 2700 level to confirm a potential bottom in equities. Support is expected near 2500 and 2400 levels on the way down.
Additional key levels