The US 500 cash index has recorded heavy losses over the last few trading sessions as negative pressures linger. Moreover, the 50-day simple moving average (SMA) is looking ready to cross below the 200-day SMA, increasing fears of a sustained bearish outlook. However, the index is currently trading close to its lower Bollinger Band indicating […]
The post US 500 remains volatile amid an overall bearish outlook appeared first on Action Forex.
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