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S&P index moves to a new session low

S&P index moves to a new session low

The major stock indices are working on their third day higher in a row.

That move higher taken the S&P index up from a low of 3928.16, to a high today at 4078.49 (or 3.83%). In the process, the price moved back above its 200 hour moving average for the first time since February 21. However, the could not fill the gap between the low from February 16th at 4089.49 and the high from February 17th at 4081.51 (see yellow area in the chart above).

Consequently, the price has now moved... Read More

Posted: Mar 6 2023, 19:32
Author Name: forexlive
Views: 110589

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