After last week’s drop to the June lows, the $SPX spent the past five trading sessions battling back to meet resistance at the confluence of the 20 and 50-dmas, notes Kevin Horner. He discusses technical patterns to track in the S&P 500. He also goes over charts to watch: Datadog (DDOG) and HubSpot (HUBS). He notes that DDOG enjoyed a strong move off lows it found in January and May (double bottom), strongly moving up more than 80% from May 3rd to July 31st. He also highlights that HUBS is up more than 70% YTD, even after retreating from highs after reporting second quarter earnings at the beginning of August. Tune in to find out more about the stock market today.
The Watch List
29 Aug 2023
SHARE
Fast Market
20 Mar 2024
Market On Close
06 Feb 2024
Trading 360
28 Mar 2024
Market On Close
16 Apr 2024
The Watch List
25 Apr 2024
Next Gen Investing
23 Mar 2024