S&P500 Technical Analysis: US Stocks climb back to 2,932.00 after opening the week with a gap

S&P500 daily chart

• The S&P500 Index is trading in a bull trend above its main SMAs near the all-time high.

S&P500 4-hour chart

• The market opened with a large gap however the buying pressure was consistent throughout the day. 

S&P500 30-minute chart

• The market popped above the main SMAs which remain sloped to the downside.
• Bulls would need to overcome 2,938.00 resistance to get to 2,948.00 and 2960.00 to the upside.
• Support is seen at 2,915 and 2,900.00 level.

Additional key levels