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The broader indices are moving higher with the NASDAQ index testing key MA resistance

The major US stock indices are moving higher with the NASDAQ index approaching 1%, and the S&P index up nearly 0.75%. At session highs, the NASDAQ index is testing its 100 and 50-day moving averages. Those levels come in at 13592 and 13623 respectively. It will take a move above those moving averages to increase the bullish bias.Conversely, the S&P index is moving above a swing area between 4325.28 and 4335.31. Stay above each of those levels keeps the buyers and control in the short term with... Read More

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Content Topics

Broader

Indices

Moving

Higher

With

Nasdaq

Index

Testing

Resistance

Forex

Posted: Oct 10 2023, 15:08

Author Name: forexlive

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