Technical Analysis

US stocks little changed at the open

The major US stock indices are trading mixed/little changed at the open.

For the S&P index, it’s 200 day moving average comes in at 4032.31. Getting back above the moving average and stay above the moving average would be more bullish from a technical perspective.

S&P index testing its 200 day moving average

Yesterday the major indices rose but were well off their high levels for the day at the close.

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