Technical analytics

S&P500

Sellers tried to regain control and pushed the index below 2500. The benchmark fell to 2443 where the index found fresh bids which helped it to recover. S&P500 returned to its familiar range after that and continued its sideways trading during the first part of Thursday. The resistance lies at 2510, the support exists in at 2500.

The range trading is expected to continue in the coming sessions.

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