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S&P moves back toward 200 day moving average at 3968.83

S&P moves back toward 200 day moving average at 3968.83

As the trading day works toward the close, the S&P ticked briefly above its 200 day moving average at 3968.82. The high price reach 3970.15.

Recall from earlier this week, the price closed above the 200 day moving average on Monday and Tuesday, but stalled on Wednesday and fell sharply. The price reached down into 3885.54 yesterday, before starting to rebound in trading today. The low price today stalled against the 50% midpoint of the range since the mid August high. That level comes... Read More

Posted: Jan 20 2023, 20:39
Author Name: forexlive
Views: 102119

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