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S&P above 100 day MA at 3901
The S&P index traded to a new session high 3913.89. The current price is trading at 160 points or 4.27% at 3908.58.
The move higher has now taken the price above the 100 day moving average at 3901.83. The 50% retracement of the move down from the August high comes in at 3908.43.
On October 28, and November 1, the price moved above the 100 day moving average, but backed off. This is a key area from a technical perspective.
Get above and it opens the door for a move toward a... Read More
Posted: Nov 10 2022, 16:19
Author Name: forexlive
Views: 111513