Technical Analysis

S&P 500 ends the day down however places in a strong week

Mushy end on Friday

The S&P 500 completed the day down 17 factors, or zero.6%, to 2723. On the week, the index was up 2.three%.

The Nasdaq rose 2.65% and the Dow was up 2.35%. Asian equities have been the massive winners on the week with the Nikkei up 5.zero% and the Hong Kong Dangle Seng up 7.2%.

The S&P 500’s rebound has stalled out simply forward of the 200-day shifting common and the 50% retracement of the October decline.

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