The Traderszone Network

Published in TZ Latest News 9 November, 2016 by The TZ Newswire Staff

S&P index missed all the fireworks. Stays in between the key MAs

100 day MA holding the topside
The S&P index is trading down by -0.25%.  Looking at the daily chart below (which does not include the election action overnight after the close yesterday), it looks as if the resistance remains against the 100 day MA and the 50 day MA at the 2145 area.  Of course the chart missed the huge decline last night, that took the price below the 200 day MA below (below 2086.87).  Well, the chart is still nice and clean at least (no big spike).