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S&P closes below 200 day MA for the 2nd day in a row

S&P closes below 200 day MA for the 2nd day in a row
The Dow industrial average and S&P index could not hold onto gains and are closing the day lower. The S&P index is closing below its 200 day moving average for the 2nd consecutive day. The 200-day moving average comes in at 4235.17. The index is closing at 4215.00.Intraday, the price did rebound back above that moving average level reaching a high at 4255.84, but the end-of-day selling pushed the price back into negative territory and below that key moving average level.Meanwhile, the NASDAQ in... Read More
Posted: Oct 23 2023, 20:09
Author Name: forexlive
Views: 102224

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