Technical Analysis

Nasdaqs sniff of the 200 day MA finds sellers

200 day MA at 7462.20. Excessive reached 7461.66

The primary take a look at the 200 day MA was met with promoting. The 200 day MA is available in at 7462.20. The excessive value charge 7461.66

Nasdaq index tests the 200 day MA and backs off
Yesterday the S&P moved above its 200 day MA (at 2743.80 as we speak). The value moved larger as we speak – reaching a excessive at 2761.85.  The value has backed off the highs, however stays above the 200 day MA. The low as we speak is at 2750.30.


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