S&P reaches the 50% retracement target (well almost)

2702.78 is the retracement levelThe S&P index has reached a high of 2701.86. That is just shy of the 50% retracement of the move down from the January 2018 high at 2702.78. 

The index is back down at 2697 currently. 
The 50% is a key barometer for bulls and bears.  A move above would be another step in the upward direction. Staying below would keep the bearish potential alive.

———————————————————————————— 

Long live cryptocurrencies? Five insights from the ASAC Fund

Article Source

Добавить комментарий

Яндекс.Метрика