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Relatively bigger down days than up days since late July on the daily charts of the Nasdaq 100 index and the S&P 500 index’s fall below support for the first time since April suggests the rally in US indices could finally be due for a breather. ....
US Equity Indices Post FOMC: Nasdaq, S&P 500, Dow Price Setups dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
US equity indices continue to make fresh year-to-date highs in a reflection of the uptrend. However, extreme optimism, overbought conditions, and overcrowded positioning pose a minor setback risk, especially if earnings disappoint. ....
US equity markets are stabilizing just off their weekly lows in thin turnover with little in the way of data or events to help shift market sentiment. ....