US 500 index climbed to new record highs last week But got rejected and has retreated a little since MACD and RSI look overbought Following the bounce off the 5,385 support level, the US 500 (cash) index added more than 7%, reaching an all-time high of 5,772.52 last week. Technically, the index is sailing near […]
The post US 500 Calms Down After Hitting New Record High appeared first on Action Forex.
Stocks open mixed. The S&P 500 opened lower by four points, the NASDAQ opened higher by 32 points, and the Dow Jones Industrials is up 0.45% in early trading. Middle Kingdom mania. China stocks are Read more…
During a hearing before the Committee on Economic and Monetary Affairs of the European Parliament today, ECB President Christine Lagarde indicated that inflation might “temporarily increase” in Q4, largely due to the previous sharp declines Read more…
Market Picture The cryptocurrency market starts the week on the defensive, losing 1.2% of its capitalisation in 24 hours to $2.27 trillion, although it is still up 3% from a week ago. This drawdown looks Read more…