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Broader US indices extend to new session lows
As the debt talks continue to muddle along, and traders getting wary of overbought conditions, the broader S&P and NASDAQ index has been moved to new session lows for the day.For the S&P, it reached a recent high of 4212.91. That took the price above the key natural target at 4200. The 100-week moving average is also right at that level increasing that level's important from a technical perspective. Buyers had their shot. You only get so much time to show you "mean it". Time is running out, and...
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Posted: May 23 2023, 16:51
Author Name: forexlive
Views: 092187