The US 500 stock index is moving slightly higher, approaching the 50-day simple moving average (SMA), holding well above the crucial 200-weekly SMA, which is acting as strong support level near 3,635. The RSI indicator is pointing slightly up near the neutral threshold of 50, while the MACD is moving sideways near its trigger and […]
The post US 500 Index Flirts with 50-day SMA But Outlook Remains Negative appeared first on Action Forex.
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