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S&P tests 38.2% retracement and bounces

S&P tests 38.2% retracement and bounces
The S&P moved to a low of 4302.70 today, and at the low the price of the broad stock index tested the 38.2% of the move up from the March 13 low. The retracement level comes in at 4302.15 – just below the low for the day. The prices since rebounded and currently trades up around 7.91 points or .0.18 percent at 4328.13.Meanwhile, the NASDAQ index is also higher now after trading down -79.81 points. It is currently up 36 points or 0.28% at 13248.The rebound in the broader indices comes despite yie... Read More
Posted: Sep 25 2023, 15:40
Author Name: forexlive
Views: 110653

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