Technical Analysis

Shares open with modest beneficial properties

S&P shifting towards 50 day MA

The US shares are open and the foremost indices have modest beneficial properties. 

The snapshot now exhibits:

The S&P index is up 7.05 factors or zero.27% at 2617.35The NASDAQ index is up 25.607 factors or zero.36% at 7049.44The Dow is up 79.56 factors or zero.33% to 4145.15

For the S&P index, the index is shifting nearer to the 50 day MA at 2628.58. The 50% retracement of the transfer down from the all-time document excessive is available in at 2643.75. Key targets for the market.


PS. the Nasdaq moved above the 50 day MA at 6989.643 (now danger) yesterday and is extending greater at the moment.  The 50% of the transfer down is available in at 7161.73.


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