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30 Mar 2020
S&P 500 New York Price Forecast: US stocks consolidate gains below 2600 level
- S&P 500 is consolidating after a four-day advance.
- S&P 500 is expected to continue the consolidation this Monday.
S&P 500 daily chart
The S&P 500 is consolidating the four-day advance below the 2600/2700 resistance zone. The correction could extend lower toward the 2500 and 2400 levels in the medium term. Strong resistance is seen in the 2600/2700 price zone.
Additional key levels