was the last of the lead indexes to break weekly-trend support, lining up the 200-day MA for the next support test.
Last week's selling volume didn't quite rank as distribution, but volume was still high. Despite breaking the rising trend it hasn't challenged intermediate stochastic support, and this might be critical in the coming weeks.. It has made its way all the way back to 2022 June lows, lows that I had marked as a major buying opportunity for investors as it occurred near the 200-week MA.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decisionAsian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates. U.S. futures gained while oil prices fell more than $1 a barrel. On Friday, stocks stumbled on Wall Street. The S&P 500 fell 0.5% and is now in what's called a correction, down 10% from the peak for this year that it hit in July. The Dow fell 1.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decisionAsian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decisionAsian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates.
Source: ksatnews - 🏆 442. / 53 Read more »