Saturday, December 12, 2020

Read this before buying any crypto...

INO.com

The below offer is brought to you by our associates at Crypto Revolution

Dear Edward,

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Indexes Snapshot
Symbol Last Change %
Dow Jones Industrial Average 30046.37 +47.11 +0.17%
NASDAQ Composite 12377.87 -27.94 -0.25%
S&P 500 3663.46 -4.64 -0.14%
SPDR S&P 500 366.0750 -0.6550 -0.19%
iShares Russell 2000 ETF 190.25 -0.99 -0.62%
U.S. STOCK INDEXES

The Dow closed higher on Friday as it extends this month's trading range. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 29,835.51 would confirm that a short-term top has been posted. If the Dow extends this year's rally into uncharted territory, upside targets will be hard to project. First resistance is Wednesday's high crossing at 30,319.70. Second resistance is unknown. First support is the 20-day moving average crossing at 29,835.51. Second support is the November 12th low crossing at 28,902.13.

The March NASDAQ 100 closed lower on Friday. The high-range close sets the stage for a steady to slightly lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 12,230.70 are needed to confirm that a short-term top has been posted. If March resumes the rally off November's low into uncharted territory, upside targets will be hard to project. First resistance is Wednesday's high crossing at 12,667.75. Second resistance is unknown. First support is the 20-day moving average crossing at 12,230.70. Second support is the 50-day moving average crossing at 11,867.60.

The March S&P 500 closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 3625.40 would confirm that a short-term top has been posted. If March extends the rally off November's low into uncharted territory, upside targets will be hard to project. First resistance is Wednesday's high crossing at 3712.49. Second resistance is unknown. First support is the 20-day moving average crossing at 3625.40. Second support is the 50-day moving average crossing at 3503.37.



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