• Entertainment
  • Finance
  • Marketing
  • Real Estate
  • Technology
  • Social
National Journal Community Of e-Experts
Finance 0

Large To Small Indices Remain Above Important Support

By Kurt Osterberg · On April 10, 2018

The chart above looks at performance numbers of several key indices on a Year-To-Date basis and from the highs in January. Both highlight that these indices are soft and mostly choppy so far this year.

The 8-pack below looks numerous stock indices from large to small-

Even though the majority of these indices are down this year and several percent below highs hit in January, the 8-pack above reflects that each index remains above support (February lows) and 200-day moving averages at each (1).

From a short-term perspective, these support points at each (1) are price points where one should not be surprised to see rallies take place.

2-year rising trends remain in play at each (1) and each index is above February lows and rising 200MA lines. It would take a break of these support points to change the 2-year trends.

The big test for each index should come when they rally and test a series of lower highs off the January highs. What each index does at the test of lower highs, could well determine performance for months to come.

Print Friendly, PDF & Email

Share Tweet

Kurt Osterberg

You Might Also Like

  • Finance

    What is Invoice Factoring and Should You Use It?

  • Finance

    How McKinsey and Company’s “Radically Better Organization” Framework Applies to Freelancers

  • Finance

    How to Face Failure: You Can Damage or Strengthen Your Business

No Comments

Leave a reply Cancel reply

Top Finance

  • Chart: Amazon’s Dominance In Ecommerce Chart: Amazon’s Dominance In Ecommerce
  • Shark Tank Recap: Shed Defender, Tata Towels and Sanaia Applesauce Secure Deals Shark Tank Recap: Shed Defender, Tata Towels and Sanaia Applesauce Secure Deals
  • Hedge Funds In The US Hedge Funds In The US
  • One Ring To Rule Them All One Ring To Rule Them All
  • Dollar General (DG) Q2 Earnings And Revenues Surpass Estimates Dollar General (DG) Q2 Earnings And Revenues Surpass Estimates

New Posts

  • What is Invoice Factoring and Should You Use It?

    What is Invoice Factoring and Should You Use It?

    January 16, 2021
  • How McKinsey and Company’s “Radically Better Organization” Framework Applies to Freelancers

    How McKinsey and Company’s “Radically Better Organization” Framework Applies to Freelancers

    January 16, 2021
  • How to Face Failure: You Can Damage or Strengthen Your Business

    How to Face Failure: You Can Damage or Strengthen Your Business

    January 16, 2021
  • How Niches Provide New Growth Opportunities for Business

    How Niches Provide New Growth Opportunities for Business

    January 16, 2021
  • 2021 Social Media Design Trends All Small Business Owners Should Know

    2021 Social Media Design Trends All Small Business Owners Should Know

    January 16, 2021
  • About
  • Contact Us
  • Privacy & Policy
  • Sitemap
  • Terms of use

Copyright © 2018 NJCEE. All Rights Reserved.