Technical Analysis

Nasdaq leads the way lower  The major US stock indices are going out near/at session lows.  The S&P index is disappointed that it could not remain above the 3000 level. The Dow was up 120 points at the highs.   Below are the closing levels (or close enough): The S&P index 12-18.49 points or -0.62% 2976.62.
100 hour MA stall point at lows. Gives buyers a reason to buy The price of gold started the day testing its 100 hour MA (blue line). After a modest bounce, there was another look at the MA level where buyers showed up again. Holding – and the lower dollar – has been the catalysts
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do