HomeMarketsIndicesWeekly Charting Of The Indicies
Weekly Charting Of The Indicies

Ben Watson joins Scott to review the charts of major stock indices and what investors can takeaway form all the volatility. Major indices like the S&P 500 have not hit new high levels, with not much net positive or negative movement in between price resistance and the 50 period simple moving average. The DJIA is in a trading range also facing resistance at the 34k level. Overall, RSI is rising in a bullish trend, in particular for the Nasdaq which has shown the most relative strength as of recent.

Chart Master

28 May 2021

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