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S&P 500 New York Price Forecast: US stocks consolidates gains below 2700 mark

  • S&P 500 is easing down after a four-day advance. 
  • S&P 500 is expected to continue the consolidation this Friday.
 

S&P 500 daily chart

 
The S&P 500 is consolidating the gains made in the last four days below the 2600/2700 resistance zone. The correction can extend lower toward the 2500 and 2400 levels in the near term. Immediate resistance is seen in the 2600/2700 price zone.  
    

Additional key levels 

 

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