Stocks Analysis by Declan Fallon covering: S&P 500, US Small Cap 2000, iShares Core S&P 500 ETF, SPDR® S&P 500. Read Declan Fallon's latest article on Investing.com
was the last of the lead indexes to break weekly-trend support, lining up the 200-day MA for the next support test.
Last week's selling volume didn't quite rank as distribution, but volume was still high. Despite breaking the rising trend it hasn't challenged intermediate stochastic support, and this might be critical in the coming weeks.. It has made its way all the way back to 2022 June lows, lows that I had marked as a major buying opportunity for investors as it occurred near the 200-week MA.
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Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decisionAsian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates.
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