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US stocks erase earlier losses. End up on the day.

Discussion in 'Market News' started by ForexLive, Dec 14, 2015.

  1. ForexLive

    ForexLive Forum Member

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    S&P index of 0.48%. The NASDAQ up 0.38%. The US equity markets open the day lower and looked on the verge of breaking below 50% retracement support on the S&P but held and is ending the day higher by 0.48% (see chart below). The index is not completely out of the woods, however, as the 100 day MA at the 2029.88 level and the 2021 level needs to be broken.

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