US 500 Index Faces Headwinds as Advances Engage

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US 500 Index Faces Headwinds as Advances Engage

The US 500 stock index (Cash) is being curbed by the Ichimoku cloud after the index unearthed positive traction around a 13½-month low of 3,858, just shy of the March 2021 trough of 3,853. The diving simple moving averages (SMAs) are defending the more than six-week decline in the benchmark index. Currently, the Ichimoku lines […]

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