S&P 500 Index technical commentary: Current price 3,893.1; the crossover on July 5th of the 10 day simple moving average (SMA) over the 20 day SMA could signify bullish technical cross, however it should be noted that the index is somewhat of a trading range, so these types of moving average crosses should be handled with caution. Long positions may be supported provided the 3,838 level proves support, while 3,925.8 may be seen as the next significant resistance to be challenged.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.