US 500 Index’s Positive Tone Shaky Near 38.2% Fibonacci

The US 500 stock index (Cash) is consolidating slightly north of the 4,446 level, which is the upper part of a support border and coincidentally the 38.2% Fibonacci retracement level of the up wave from 4,137 until 4,638. The rolling over of the 50-period simple moving average (SMA) and its nearing of a bearish crossover […]

The post US 500 Index’s Positive Tone Shaky Near 38.2% Fibonacci appeared first on Action Forex.