Technical Analysis

S&P falls again under 50 day MA

50 day MA at 2622.75

The S&P has simply violated the 50 day MA after sooner or later shut above that shifting common.  That MA is available in at 2622.72. The value is buying and selling at 2619.72.  The transfer increased final week was additionally in a position to breach the 50% of the transfer down from the September excessive. That stage is available in at 2643.75.  That break failed too.

S&P price fall below the 50 day MA at 2622.75

A detailed under the 50 day MA is not going to be an excellent signal for the pair from a technical perspective. 


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