HomeMarketsIndicesA Technical Look Back At 2021
A Technical Look Back At 2021

Rick Ducat takes a technical look back at how three of the four major U.S. indices performed in 2021: S&P 500 index (SPX), Nasdaq-100 (NDX), and Russell 2000 (RUT). Ducat examines each chart using linear regression channels, which is a line of best fit for the indexes’ closing prices and is helpful for determining potential support and resistance. Ducat also uses the relative strength index (RSI) as a momentum indicator that measures the magnitude of recent price changes to analyze overbought or oversold conditions.

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23 Dec 2021

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