
The SP500 index surged around 2 per cent on Thursday, only to lose all gains in the next 10 minutes after the market closed, as both Amazon and Google reported negative earnings and downgraded the outlook. This sent their stocks down by 7-8 per cent during the initial reaction. Therefore, the whole market plummeted after a few hours and the SP500 futures are now down 0.6 per cent on Friday, trading at the current swing lows of 2,665 USD.
The index is now dangerously close to the bullish trend line from February and April lows, which stands near 2,650 USD. From a long-term perspective, if the price remains above, the long-term outlook still seems bullish. However, breaking below would cancel this view and a bigger correction could occur.
The resistances could be at yesterday's highs near 2,723 USD and then move to around 2,740 USD, where the short-term bearish trend line is located. There is a bigger bullish divergence on the two-hour chart between the price and the RSI indicator, which could help the price rise from current levels.
However, sentiment for stocks appears negative and it looks like traders may switch their current trading strategy, which could be a sign that a bearish sentiment is about to begin. If the support at 2,650 USD cracks, we could see a quick drop to April lows at 2,560 USD.
Disclaimer:
Analysis and opinions provided herein are intended solely for informational and educational purposes and don't represent a recommendation or an investment advice by TeleTrade. Indiscriminate reliance on illustrative or informational materials may lead to losses.
© 2000-2026. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.