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Stocks are not doing well heading into a close

Stocks are not doing well heading into a close
Major stock indices are not doing well heading into the close. The Dow Industrial Average is the best performer with a decline of -0.44%. The S&P index is down -0.64% and the NASDAQ index is down -0.98%.Looking at the hourly chart, the NASDAQ is trading at its lowest level since June 27 and getting closer to a swing area between 13334.12 and 13441.56. Below that, and the 38.2% retracement of the move-up from the March 13 low would be the next major target at 13123.40. Yields are moving higher an... Read More
Posted: Aug 16 2023, 19:43
Author Name: forexlive
Views: 092020

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