S&P 500 (SPX) Down 0.18%; in an Uptrend Over Past 90 Days

The Hourly View for SPX

Last Updated June 10, 2021, 18:18 GMT

At the time of this writing, S&P 500’s price is up 1.75 (0.04%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as S&P 500 has now gone up 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

S&P 500 Daily Price Recap

S&P 500 entered today at 4219.55, down 0.18% ($7.71) from yesterday. Relative to other instruments in the equity indices asset class, S&P 500 ranked 7th since yesterday in terms of percentage price change. Below is a daily price chart of S&P 500.

SPX

S&P 500 Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 6 out of the past 10 days.