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Stocks move to new session lows.
The major US indices are trading to new session lows. The NASDAQ index is leading the way with a decline of over 100 points or -0.85% at 11969.17 currently.Looking at the hourly chart for that index, the price rise today corrected up toward its100 hour moving average currently at 12079.14 (blue line in the chart above). Sellers near that level has now taken the price to new lows. In the process, the index is moving toward the 200 hour MA at 11913. Move below that in the short term, and the sel...
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Posted: Apr 24 2023, 16:07
Author Name: forexlive
Views: 081924