U.S. Indices: Losses In The Bulls' Favor

Published 03/20/2015, 03:04 AM
Updated 07/09/2023, 06:31 AM
US500
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US2000
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IXIC
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SOX
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The NASDAQ posted a minor gain yesterday on low volume and performed better than the S&P 500. It didn't really change anything, but it didn't hurt, Now the MACD is on the verge of a 'strong buy' signal.

NASDAQ Daily Chart

The Russell 2000 added some value and pulled away from 1,240 support, so losses from here will still offer bulls something to work with. Also working in bulls favor are bullish technicals.

Russell 2000 Daily Chart


Losses were seen in the S&P 500, The index dropped to just below 2093, as it attempted to challenge its 2119 high.

SPX Daily Chart


The SOX was not to be excluded, it added 0.24% as it worked itself off support.

SOX Daily Chart


For today, take a look at the Semiconductor Index and Russell 2000 to add to yesterday's gains.

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