Stocks continued their strong run through June 8, with the S&P 500 index reaching 3233. The overbought conditions were some of the most egregious in history. Now, the market is backing off because of those conditions, but that doesn’t mean the bulls are necessarily done yet. For now, there is resistance in the 3230-3260 area, then at 3330 (the top of the Feb. 24 gap), and finally, at 3390 — the all-time highs.
On the downside, a close below 3050 would fill a couple of recent gaps on the S&P chart and would also be below the...
"stock" - Google News
June 11, 2020 at 10:51PM
https://ift.tt/30ympLC
This is what it will take to turn the stock market truly bearish - MarketWatch
"stock" - Google News
https://ift.tt/37YwtPr
https://ift.tt/3b37xGF
Bagikan Berita Ini
Related Posts :
Goldman says buy puts on these stocks with deteriorating fundamentals in this bear market - CNBC- Stocks rebound from 2022 low, Dow closes up more than 500 points and snaps six-day losing streak - CNBC
- Midterm Elections: The Politics Of The Stock Market - Forbes
- Stock Market Today: Dow, S&P Live Updates for Oct. 3, 2022 - Bloomberg
- Stock market: 2022 is exposing 'freaky post-QE financial system plumbing,' BofA says - Yahoo Finance
0 Response to "This is what it will take to turn the stock market truly bearish - MarketWatch"
Post a Comment