S&P 500: Bounce May Extend, but Be Wary of Bears Lurking at This Resistance Zone

DAX News

S&P 500: Bounce May Extend, but Be Wary of Bears Lurking at This Resistance Zone
CBOE Volatility Index
  • 📰 Investingcom
  • ⏱ Reading Time:
  • 40 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Stocks Analysis by Investing.com (Damian Nowiszewski) covering: DAX, CBOE Volatility Index. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com

For less than $8 a month, InvestingPro's Fair Value tool helps you find which stocks to hold and which to dump at the click of a button, which first surged by 65%, marking its second-largest daily gain ever, only to plummet by 41% shortly afterward, the largest drop in its history

Every sector in the S&P 500 saw an increase, with technology and communication services leading the charge. Small-cap stocks also saw notable gains, with the The index's recent rebound shows that bears are challenging bulls and hindering their ability to drive growth freely. For those holding long positions, it's crucial to monitor the strong supply zone around 5600 points. This area, which sparked the latest downward wave, indicates that supply remains significant and bears remain active.This resistance level represents a crucial barrier. A breakthrough could set the stage for a push towards recent historical highs just below 19,000 points. Conversely, bears attempting to extend the decline will likely face increased resistance around 16,600 points.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Investingcom /  🏆 450. in US

CBOE Volatility Index

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P 500: Critical Support May Be Under Threat as Bears Pile on the PressureS&P 500: Critical Support May Be Under Threat as Bears Pile on the PressureStocks Analysis by Investing.com (Damian Nowiszewski) covering: S&P 500, DAX. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »

S&P 500: Growing Likelihood of Soft Landing Could Breathe New Life Into the IndexS&P 500: Growing Likelihood of Soft Landing Could Breathe New Life Into the IndexStocks Analysis by Investing.com (Damian Nowiszewski) covering: S&P 500. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »

S&P 500: Don't Buy the Dip Just Yet - Keep an Eye on These Levels for Next MoveS&P 500: Don't Buy the Dip Just Yet - Keep an Eye on These Levels for Next MoveStocks Analysis by Investing.com (Damian Nowiszewski) covering: S&P 500, DAX. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »

3 Undervalued Gems to Recession-Proof Your Portfolio3 Undervalued Gems to Recession-Proof Your PortfolioStocks Analysis by Investing.com (Damian Nowiszewski) covering: Merck & Company Inc, GSK plc DRC, Star Gas Partners LP. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »

Bitcoin: Watch for a Break Above This Key Barrier to Confirm a Renewed UptrendBitcoin: Watch for a Break Above This Key Barrier to Confirm a Renewed UptrendMarket Analysis by Investing.com (Damian Nowiszewski) covering: BTC/USD, Bitcoin, Ethereum. Read Investing.com (Damian Nowiszewski)'s Market Analysis on Investing.com
Read more »

2 Stocks to Bolster Your Portfolio as September Rate Cut Appears Imminent2 Stocks to Bolster Your Portfolio as September Rate Cut Appears ImminentStocks Analysis by Investing.com (Damian Nowiszewski) covering: Qualcomm Incorporated, Mastercard Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Read more »



Render Time: 2025-02-28 01:51:48