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Stocks rotate to new lows

Th major US stock indices are rotating lower. The S&P index is traded to a new session low. The NASDAQ is also now breaking below the low from the 1st hour of trading today.Looking at the hourly chart of the S&P index the price is testing a upward sloping trend line. A move below that trend line and traders would look toward the 100 hour moving average at 4115.14.For the NASDAQ index, is currently trading down -114.64 points are -0.94% at 12043.47. Looking at its hourly chart, the price has move... Read More

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Posted: Apr 20 2023, 19:16

Author Name: forexlive

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