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US 500 remains volatile; overall bearish outlook

Started by PocketOption, Mar 03, 2022, 04:55 am

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PocketOption

Mar 03, 2022, 04:55 am
US 500 remains volatile; overall bearish outlook

The US 500 cash index has quickly bounced above its 9-month low at 4,106 touched last week. However, the elevated negative pressures are still troubling the index, which is currently trading well below its 50- and 200-day simple moving averages (SMAs), reflecting an overall bearish outlook. The short-term momentum indicators are painting a mixed picture […]


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