The Russell 2000 index is on the brink of closing below its 200-day average
Stock market bulls need not be concerned that the Russell 2000 index RUT is on the brink of dropping below its 200-day moving average.
This sanguine assessment may surprise you, since for decades technicians have considered breaking below the 200-day moving average to be a major bear market signal. In fact, though, the moving average never enjoyed much historical support, and what little support it did have disappeared completely starting about 30 years ago.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Nasdaq, S&P 500 Test June Lows; Russell 2000 Near Critical Support: What's Next?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
Les mer »
USD Index Price Analysis: The 200-day SMA near 103.20 holds the downsideDXY faces extra selling pressure and revisits the 103.15/10 band at the beginning of the week. In spite of Monday’s corrective move, the index maintai
Les mer »
Mortgage rates hit their highest point since 2000Mortgage rates hit the highest level since the end of 2000, and that is crushing affordability for potential homebuyers.
Les mer »
Mortgage rates continue to climb, reach highest level since 2000Mortgage rates are pushing even higher this week and are now clocking in at their highest level since the turn of the century.
Les mer »
The 30-year mortgage rate hits 7.48%, the highest level since 2000Mortgage interest rates have nearly tripled in the span of just a couple years amid inflation fears and strong economic growth.
Les mer »
Nearly 200 flights impacted at Sky Harbor this weekend as Hilary approachesNearly 200 flights have been impacted at Phoenix Sky Harbor International Airport this weekend as Tropical Storm Hilary continues churning towards the Southwest.
Les mer »