Move higher last week stalled ahead of its 200 hour moving average
The S&P index has moved to a new session low and in the process is breaking below its 100 hour moving average (blue line) at 4381.89. Stay below is more bearish. The current price is trading at 4378.54, down -12.83 points or -0.29%.
Other indices are now negative as well:
- Dow industrial average is down 85.84 points or -0.24% at 34667.32
- NASDAQ index is down -18 points or -0.12% at 14561
