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US stocks fall to new session lows

US stocks fall to new session lows

The US stock indices have taken a turn to the downside. The NASDAQ index is leading the way with a decline of -0.9%

Looking at the NASDAQ hourly chart, the price has rotated down to the 200 hour moving average at 10931.65. The move below the 200 hour moving average would have traders targeting the 50% of the November trading range which comes in at 10881.73.

Looking at the Dow 30, it's price is approaching its 100 hour moving average at 33633.26. The price last traded below the 10... Read More

Posted: Nov 29 2022, 16:32
Author Name: forexlive
Views: 102057

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