The US 100 stock index (cash) has been experiencing a minor pullback after its advance failed to cross above the 12,940 region. Nevertheless, the ascending 50-period simple moving average (SMA) is closing the gap with the 200-period SMA, where a potential upside violation could reinforce the case of a sustained recovery. The momentum indicators suggest […]
The post US 100 Index Halts Decline But Retains Bearish Bias appeared first on Action Forex.
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