SPY looking to finish week higher after bouncing off 200-Week MA
SPY ETF is currently up for the week after a dramatic fall over the last ten days. The SPY has dipped into our oversold territory for the first time since February 2016 but found support this week at the 200-Week Moving Average (red line above). #stocks #spy #investing #stockmarket #sp500 #invest
COT Metals Charts: Speculator bets led by Gold & Steel May 4, 2024 COT Bonds Charts: Speculator bets led lower by SOFR 3M & 10-Year Bonds May 4, 2024 COT Soft Commodities Charts: Speculator bets led by Wheat, Soybean Meal & Corn May 4, 2024 COT Stock Market Charts: Speculator bets led lower by S&P500 & MSCI EAFE May 4, 2024 The British index has updated the historical maximum. Oil lost 5% over the week May 3, 2024 US Fed tilts towards a rate cut despite the postponement. HKMA left the rate unchanged at 5.75% May 2, 2024 Brent crude oil hits seven-week low May 2, 2024 Target Thursdays: USDJPY, Copper & EURCAD May 2, 2024 WTI oil declines on rising inventories and negotiations between Israel and Hamas. Rising unemployment in New Zealand may force RBNZ to start cutting rates earlier May 1, 2024 Bitcoin stumbles below $60k ahead of Fed May 1, 2024
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