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US 500 Index Surrounded by Bearish Technicals

Started by PocketOption, Feb 21, 2022, 05:14 pm

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PocketOption

Feb 21, 2022, 05:14 pm
US 500 Index Surrounded by Bearish Technicals

The US 500 stock index (cash) faced a tough wall near its 20- and 200-day simple moving averages (SMAs) last week, which negatively crossed each other for the first time since March 2020, raising worries the pullback from the record high of 4,808 could gain extra legs. Structurally, the index sustains a neutral outlook as […]


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