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Broader US indices making new highs

Broader US indices making new highs
Both the S&P index and the NASDAQ index are trading to new session highs and are making new week highs as well. The S&P is trading to new highs going back to last Wednesday. The NASDAQ index is trading to the highest level since Tuesday of last week.In the process, the price is extending above 50-hour moving averages. For the S&P index, the 50-hour moving average comes at 4411.64. The current price is trading at 4426.17. Staying above is more bullish.For the NASDAQ index, its price is also movin... Read More
Posted: Aug 23 2023, 15:24
Author Name: forexlive
Views: 111719

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