Technical Analysis

NASDAQ closes lower The Dow and S&P both closed at record levels in trading today with the Dow industrial average leading the way with a 0.46% gain.  The S&P squeaked out a new high closing above the high close from August 6 at 4436.51. The close today came in at 4436.82. The NASDAQ index lagged
Trades between 100/200 hour MAs The NZDUSD has followed the trend higher in the US dollar today (NZDUSD lower) after the stronger than expected US jobs report.  The pair moved lower, and in the process cracked below its 100 hour moving average (currently at 0.70328), and continued through an old swing ceiling at 0.7018  to 0.70203 on it’s
Swing area between 1.1751 and 1.17566 The EURUSD is keeping above the July 2021 swing lows between 1.17510 and 1.17566. The low price has so far reached 1.17537 between those swing low levels on the hourly chart.  Dip buyers are sticking a low-risk toe in the water, hoping for another bounce.  A break below will likely lead to
Down $0.81 or 1.17% THe price of WTI crude oil futures are settling at $68.28. That is down $0.81 or -1.17%. The low for the day reached $67.80. The high reached $70.18. The price last Friday closed at $73.66. The move down took the settled price down -$5.38 or -7.3%. A big move to the downside. Technically, the price moved down toward the
Russell 2000 index rises by 1.81%. The S&P and NASDAQ index both closed at record levels with a late day surge that has the indices going out near the highs for the day.   The Dow and the Russell 2000 index also had strong days, with the small-cap index outpacing the larger cap indices with a surge higher of
Record close for the S&P 500 The major US stock indices are closing higher and near session highs: S&P closed at a record level NASDAQ posts a two day win streak Energy (+1.83%), industrials (+1.38%), healthcare (+1.42%), financials (+1.13%) led the charge communication services fell -0.19% Dow and S&P snap a two day losing streak The final numbers are showing: