US stocks find support in June low

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The summer surge of the US Small Caps stock index ended at the 2021 late January low level at 2,033.50. The historical low acted as resistance and caused a decline, which by the end of September had reached the June low level at 1,650.00.

A recovery from the 1,650.00 level could be slowed down by the 1,750.00 and 1,800.00 levels, before the index reaches the combination of the 1,850.00 level and the 50 and 200-day simple moving averages.

On the other hand, a decline of the equities might look for support in the 2020 August high level at 1,606.75 and the 1,600.00 mark.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.