S&P 500 (SPX) Up $4 in Last 4 Hours, Started Today Up 0.65%; in an Uptrend Over Past 30 Days

S&P 500 4 Hour Price Update

Updated June 23, 2020 03:13 PM GMT (11:13 AM EST)

S&P 500 is up 0.13% (4) since the last 4 hour candle, marking the 2nd candle in a row an increase has occurred. Out of the 8 instruments in the 8 major global equity indices asset class, S&P 500 ended up ranking 6th for the four-hour candle in terms of price change relative to the last 4 hour candle.

S&P 500 Daily Price Recap

The back and forth price flow continues for S&P 500, which started today off at 3117.86 US dollars, up 0.65% (20.12) from yesterday. Relative to other instruments in the 8 major global equity indices asset class, S&P 500 ranked 2nd since yesterday in terms of percentage price change. Let’s take a look at the 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 30 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 19 them.

Overheard on Twitter

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

  • From FXandComm:

    More than 97% of the stocks in the S&P 500 are trading above their 50-day moving averages, marking a high since at least June 2010.
    by #WSJ #AmrithRamkumar #SPX500

  • From Better_Trader:

    We are looking to buy S&P 500 from lower levels or looking to sell from higher levels, but not recommended to trade now $SPX #ES_F

  • From at_lisi:

    S&P 500 $SPX will be within 1% of 2850 & $VIX above 45 by the end of July. @TradingNation