Technical Analysis – US 500 index unlocks 3,000 level, hits new record highs
Posted on July 11, 2019 at 8:41 am GMTThe US 500 stock index finally topped slightly above the 3,000 level and at new record highs after being unable to pierce the mark last week. According to the RSI and the MACD, the market could attract some buying in the short-term before turning lower as the former has yet to enter overbought territory and the latter seems to be regaining positive momentum above its red signal line. On the upside, the price could settle for the 3,100 number which is the [..]