- Bullish trend confirmed on both short and long timeframes
- Consistently positive technical signals over the last month
- Trading above its 200-day moving average
S&P500 index price ended at 7,386.31 points on Tuesday, after losing 0.263%
(Updated on Jun 09, 2026)
The S&P500 index price fell by -0.263% on the last day (Tuesday, 9th Jun 2026) from 7,405.81 points to 7,386.31 points. During the last trading day the index fluctuated 3.39% from a day low at 7,237.85 points to a day high of 7,483.15 points. The price has risen in 7 of the last 10 days but is still down by -1.77% for this period. Volume has increased on the last day by 491 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 billion shares were bought and sold for approximately 20.67 points trillion.
The index lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the index is expected to rise 18.27% during the next 3 months and, with a 90% probability hold a price between 8,597.61 points and 9,112.66 points at the end of this 3-month period.
^GSPC Signals & Forecast
A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -2.95%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the index should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. The S&P500 index holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the index giving a positive forecast for the index. On further gains, the index will meet resistance from the short-term Moving Average at approximately 7,504.17 points. On a fall, the index will find some support from the long-term average at approximately 7,369.26 points. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.
Support, Risk & Stop-loss for S&P500 index
S&P500 finds support from accumulated volume at 7,366.46 points and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the index tends to have very controlled movements and with good liquidity the risk is considered very low in this index. During the last day, the index moved 245.30 points between high and low, or 3.39%. For the last week the index has had daily average volatility of 1.70%.
Our recommended stop-loss: 7,103.87 points (-3.82%) (This index has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (^GSPC) For The Upcoming Trading Day Of Wednesday 10th
For the upcoming trading day on Wednesday, 10th we expect S&P 500 to open at 7,369.10 points, and during the day (based on 14 day Average True Range), to move between 7,341.64 points and 7,430.98 points, which gives a possible trading interval of +/-89.34 points (+/-1.22%) up or down from last closing price. If S&P 500 takes out the full calculated possible swing range there will be an estimated 1.22% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 7,366.46 points (0.27%) than the resistance at 7,556.82 points (2.31%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is S&P 500 index A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score:
1.736
Buy Candidate
Unchanged
Predicted Fair Opening Price
Predicted fair opening price on June 10, 2026 - 7,369.10 points ( 0.233%).
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^GSPC Performance
Trading levels for ^GSPC
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 7,614.40 | 3.09% |
| R2 | 7,520.70 | 1.82% |
| R1 | 7,462.81 | 1.04% |
| Price | 7,386.31 | |
| S1 | 7,275.40 | -1.50% |
| S2 | 7,217.51 | -2.29% |
| S3 | 7,123.80 | -3.55% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 7,600.25 | 2.90% |
| R2 | 7,581.25 | 2.64% |
| R1 | 7,556.82 | 2.31% |
| Price | 7,386.31 | |
| S1 | 7,366.46 | -0.269% |
| S2 | 7,213.32 | -2.34% |
| S3 | 6,507.49 | -11.90% |
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