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S&P back into positive territory. What is the short-term hourly chart telling traders?

S&P back into positive territory. What is the short-term hourly chart telling traders?

The S&P index has erased earlier declines and trades modestly higher. The index is currently up five points or 0.13% at 4086.68. The high price reached 4090.58. Recall that the swing highs from December stall that 4100.51 and 4100.96. Those levels will be eyed for a short-term bullish clues. Get above and stay above would be more positive for the index.

The price dip yesterday and again today took the price of the S&P index below its 100 hour moving average on its way to the session lo... Read More

Posted: Feb 10 2023, 15:35
Author Name: forexlive
Views: 082337

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