S&P 500 (SPX) Down $32 On 4 Hour Chart, Entered Today Up 0.48%; in an Uptrend Over Past 14 Days

S&P 500 4 Hour Price Update

Updated June 01, 2020 03:13 AM GMT (11:13 PM EST)

The back and forth price flow continues for S&P 500, which started the current 4 hour candle off at 3030 US dollars, down 1.05% (32) from the previous 4 hours. Those trading within the 8 major global equity indices asset class should know that S&P 500 was the worst performer in the class the current 4 hour candle.

S&P 500 Daily Price Recap

The choppiness in the recent daily price action of S&P 500 continues; to start today, it came in at a price of 3044.31 US dollars, up 0.48% (14.58) since yesterday. Out of the 8 instruments in the 8 major global equity indices asset class, S&P 500 ended up ranking 2nd for the day in terms of price change relative to yesterday. Here is a daily price chart of S&P 500.

S&P 500 Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 30 days S&P 500’s price has gone up 18 them.

Overheard on Twitter

Behold! Here are the top tweets related to S&P 500:

  • From StadlerStocks:

    S&P 500 futures already rebounding. Now down less than 1%. $SPX proving invincible to COVID, Recession and now America burning coast to coast. $SPY

  • From geckler:

    Just looted the S&P 500 for 45 handles 🥴 $SPX

For a longer news piece related to SPX that’s been generating discussion, check out:

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Image: BofA Global Research S&P 500 (SPY) After Hours vs….Image: BofA Research Investment Committee © 1998-2020 ISABELNET S.A. The opinion expressed on this website is for informational & educational purposes only and is not intended as advice to buy or sell securities The forecasts set forth may not develop as predicted.