Staking outside near-term supportMarketWatch #Technical_Indicator

Staking outside near-term supportMarketWatch #Technical_Indicator

April 22, 2019 0 By NewsTakers

Published: Dec 6, 2010 10:23 a.m.
ET
CINCINNATI (MarketWatch) — With last week’s reversal, the U.S. markets have reached firmer technical footing.
This is partly because the S&P 500 and the Dow industrials both staged shaky, but successful, tests of their 50-day moving averages, and have reversed sharply to challenge two-year highs.
The charts below add color:
The S&P 500’s hourly chart details the past three weeks.
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