Stocks under pressure. Nasdaq approaches it 200-hour moving average ...Middle East

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The major stock indices are lower with the Nasdaq index leading the way again.That index moved down to a low of 14613.18. At the low the index was down close to 1%. Technically, the index is approaching the 200-hour MA at 14575.79 (green line on the charts above). Yesterday, the index moved below the 100-hour MA (blue line currently at 14889.42). The last time the Nasdaq index was below both those MAs was back to November 1 (see blue and green lines on the chart above). For the S&P index, today it is moving away from its 100-hour MA at 4737.23 (blue line in the chart below). Yesterday, the price traded above and below that MA level but closed just above the level keeping the buyers hope

Hence then, the article about stocks under pressure nasdaq approaches it 200 hour moving average was published today ( Wednesday 03/01/2024 - 06:48 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 03 January 2024 clock 06:48 PM

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Stocks under pressure. Nasdaq approaches it 200-hour moving average ...Middle East

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