US:
S&P 500 has been moving within a triangle zone as below. Last two trading days saw it retreating from upper falling ceiling. Support could be ~ 2570. Shall it be broken, more downside could be seen. The index usually indicate broader market performance due to its market value weighted nature (DOW Jones is price-weighted).
https://www.investopedia.com/ask/answers/difference-between-dow-jones-industrial-average-and-sp-500/
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).


No comments:
Post a Comment