S&P 500 and FTSE 100 charts (Mar 29, 2019): gradually overcoming strong bear resistances
2 years ago
S&P 500 index chart patternThe 'V' shaped recovery rally on the daily bar chart pattern of S&P 500 continues to face resistance from bears. Bulls have managed to overcome the resistance zone between 2800-2825 after five weeks of struggle.The next resistance zone between 2850-2875 is looming above. A convincing move above 2875 will clear the path for the index to touch a new high. Bears may continue to yield ground grudgingly.Daily technical indicators are in bullish zones after correcting overbought conditions, but are not showing much upward momentum. MACD is below its sliding signal line. RSI has bounced up from neutral zone. Slow stochastic is moving sideways after falling from its overbought zone. Negative divergences on all three indicators - which failed to touch new highs with the index - triggered a correction below the rising 20 day EMA.On longer term weekly chart (not shown), the index closed above its three weekly EMAs in a long-ter
You have shown
out of 3 allowed reactions for this News.
Abhishek Kapoor Reacts After Finally Knowing ...
Love Story Day 3 Box Office Collection: Naga ...
Mumtaz visits Dharmendra at his Juhu home ...
Are Ranbir-Alia looking for a wedding venue? ...
Babil posts pictures of Irrfan-Tom Hanks ...
Kangana reveals she lost 20 kgs in six months ...
Excl: Jackie Shroff remembers Dev Anand ...
Akshay's 'Raksha Bandhan' on Aug 11, 2022 ...
Sajid: Always made films for theatre audience ...
Anushka gets spotted in town after months ...
Akshay’s ‘Ram Setu’ to release on Diwali 2022 ...
IPL 2021: Harshal Patel the man for RCB, agai ...
You may like
Janhvi Kapoor, Varun Dhawan turn yoga buddies and perform tough aerial asanas, Malaika Arora reacts
Kangana Ranaut shares 'permanent stretch marks' after 'Thalaivii'
Ranbir Kapoor and Alia Bhatt jet off to Jodhpur ahead of his 39th birthday – See Pics!
Arjun Bijlani wins Khatron Ke Khiladi 11, says ‘big big thank you to all of you who supported me throughout my career’
Kapil Sharma shares cute photos of Anayra on Daughters Day - Check out
'Bunty tera sabun slow hai kya' actor Avneet Kaur drops stunning pole dance video - WATCH
Janhvi Kapoor looks breathtaking in neon green co-ord set, see latest photos
Raqesh Bapat calls fan 'naughty' for asking THIS question about Shamita Shetty - details inside
Deepika Padukone shares unseen photo of Ranveer Singh from '83', makes big announcement about film's release
Shilpa Shetty's latest video featuring her baby girl Samisha on Daughters' Day will melt your heart - WATCH
Suhana Khan's photos from her night out in New York go VIRAL! Star kid looks stunning in sexy strapless bodycon dress
Shahid Kapoor announces new release date for 'Jersey'
Ayushmann Khurrana's 'Chandigarh Kare Aashiqui' all set to release in December
Urfi Javed embraces acne and marks by going backless yet again, says 'could have easily edited it'
Nora Fatehi looks sexy in bralette with plunging neckline, skirt with thigh-high slit from Abu Jani Sandeep Khosla
Kapil Sharma drops adorable pictures of his baby girl Anayra on Daughters' Day 2021