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S&P index moves back below its 100 day moving average

S&P index moves back below its 100 day moving average

The S&P index is now down -82 points or -2.05% at 3913.31. That is taken the price back below its 100 day moving average of 3930.87. A close below that level would be the first since November 9.

On Wednesday, the price moved up and took out the December 1 high but only by the smallest of margins. The December 1 high reached 4100.51. The high price after the CPI data reached 4100.96. The price close below its 200 day moving average on Wednesday, and extended lower yesterday. Today we ar... Read More

Posted: Dec 15 2022, 15:47
Author Name: forexlive
Views: 111521

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