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Stocks trading near day lows...

Discussion in 'Technical Analysis' started by ForexLive, Apr 5, 2016.

  1. ForexLive

    ForexLive Forum Member

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    S&P index back below broken trend line The S&P index is trading near low levels for the day. The low extended to 2044.92. The current price is 2047.59 (down -0.90%). The move lower take the price back below the broken trend line connecting highs from Nov, Dec, and March. On Friday the price fell back below the trend line but recovered before the close. Today a close below the 2053 level will be more negative technically.

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