The key inventory indices are giving up their good points.
- Dow is now down -82 factors or -0.22% at 37357. The excessive noticed the indes up 183.27 factors
- S&P is up 1.29 factors or 0.03% at 4689.80. At session excessive, the index was up 32.80 factors
- Nasdaq is up 13.6 factors or 0.09% at 14524.44. At session excessive, the index was up 114.89.
What is almost sure is the 9 week good points for the key indices might be snapped immediately.
- Dow is down -0.91%
- S&P is down -1.68%
- Nasdaq is down -3.27%
The Nasdaq index corrected increased and technically moved above the 200-hour MA at 14603.25. That break was short-lived, nonetheless, and the value is now comfortably beneath that MA stage at 14524. That retains the quick/medium-term bias extra tilted to the draw back. It might take a transfer and shut above to assist the short-term bias.
Nasdaq is again beneath the 200 hour MA
