As it was informed by "Market Leader (US)"
S&P500: weekly analysis in terms of volatility trading
The US stock market is still under uncertainty. The S&P500 futures contract keeps moving within a wide range (1077-1230). The price needs to come out of the range in order to clarify the direction of its mid-term movement. Apart from the range borders, the extra levels of support are located at 1100 (inside the range) and 1050 (outside the range). The extra levels of resistance are 1200 and 50-day MA.