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US500 11/02/19 | EconAlerts

Technical Analysis – S&P 500 finds resistance at 200-SMA

S&P 500 stock index (US 500) finds resistance at 200-SMA, hovers around 61.8% Fibonacci. S&P 500 stock index found a strong resistance obstacle at the 200-simple moving average (SMA) in the daily timeframe, hovering around the 61.8% Fibonacci retracement level of the down leg from 2,940 to 2,332, near 2,708. The short-term technical indicators

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