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US30 Index Powers Back, Crossing Above its 50-SMA

Started by PocketOption, Feb 03, 2022, 01:20 pm

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PocketOption

US30 Index Powers Back, Crossing Above its 50-SMA

The US 30 cash index came back swinging after its January retreat, as the downtrend move appeared to be overextended. Currently, the index is trading above its 50- and 200-day simple moving averages (SMA), supporting an overall cautiously bullish outlook. Short-term momentum indicators are also reflecting a positive bias as the RSI is hovering above […]


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