@mcb:
Can U.S. stocks hold the 200-day moving average? Can the bulls regain dominance? You choose to stay long or go short? $S&P 500(.SPX)$ trading at a critically important level here. Right below the 50 Day Moving Average(MA50 Redline) but right above the 200 Day Moving Average(MA200 whiteline). Recently, the performance of the $S&P 500(.SPX)$ has been relatively weak. It has recorded a decline for three consecutive weeks, and last week it fell by 2.7%, the worst weekly performance since 2023. Day chart of .SPX Day chart of .IXIC Day chart of .DJI Will the 200 Day hold as support? Firstly, there are 3 Key facts affect Thursday’s market trend: 1) Musk's "Mater Plan 3" lacks details of the market's expected integrated die-casting technology and next-generation electric vehicles, $Tesla