To be aware. The 100 and 200 day AM and the index level 3000 are approaching.
the S&P index trades just before the week’s highest at 2968.09. A move above this level would then target the 100-day moving average to fall to 2975.37. The price has not closed above the 100-day moving average since February 24. Above this level is the 200-day flattened moving average at 2999.01 (call it 3000). This level should be a key bias defining the level of the broader index in the future. There should be sellers on the 1st test.