US 100 Index Rangebound after Upside Move Stalls

The US 100 stock index (cash) has been recovering on the four-hour chart, managing to erase some of its recent decline. Although the price has been moving sideways in the last few sessions, the ascending 50-period simple moving average (SMA) is closing the gap with the 200-period SMA, where a potential crossover could reinforce the […]

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