The Covid-19 Bear Market Moves Into A Consolidation Trading Range - News Summed Up

The Covid-19 Bear Market Moves Into A Consolidation Trading Range


The Dow is below its 200-week simple moving average or “reversion to the mean” is 23,58723,616. The Dow is below weekly, monthly, quarterly, annual and semiannual risky levels at 24,515, 27,337, 27.432, 29,964 and 30,361, respectively. This index traded below it 200-week simple moving average or reversion to the mean at 2,640.0 but ended the week above. The average is way below its 200-week simple moving average or reversion to the mean at 9,858. The weekly chart for the Russell 2000 remains negative with this average below its five-week modified moving average at 1,512.73.


Source: Forbes March 15, 2020 14:03 UTC



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