S&P index erases the year’s declines

Technical Analysis

High to low decline took the index down -35.41%


The S&P index erased its year’s declines.

The end of year level for 2019 was at 3230.78. The high price just reached 3233.13 just before the close. 

The move down from the February high took the index down -35.41% (from 3393.52 to the March low at 2191.86).   The rise has taken the price up over 47% from the low.  

For bank trade ideas, check out eFX Plus

Let’s block ads! (Why?)

Forexlive RSS Breaking technicalanalysis feed

Leave a Reply

Your email address will not be published. Required fields are marked *