S&P 500 Break Through 200 Day Moving Average

INNO
  • Stocks are surging on Tuesday on hopes of re-opening the country.
  • The S&P 500 has broken through major resistance of 3000 at open, this is a significant level to continue this uptrend and possibly hinting at a longer uptrend of the market.
  • The S&P 500 broke through another significant resistance of 200 day simple moving average, known as a momentum indicator.

Source: CNBC

 

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