S&P and Nasdaq indices show new life. What has the moves higher today done to the technicals
The broader S&P 500 and Nasdaq indices are sharply higher today, but has the rally changed the technical picture? The answer is: it has improved it, but the buyers still have work to do.For the S&P 500, yesterday's decline took the price to the upper edge of a key support zone between 7300 and 7321…
The broader S&P 500 and Nasdaq indices are sharply higher today, but has the rally changed the technical picture? The answer is: it has improved it, but the buyers still have work to do.For the S&P 500, yesterday's decline took the price to the upper edge of a key support zone between 7300 and 7321…
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