S&P 100 stocks above 200MA (bearish bias)
Index finished the week with a SHOOTING STAR below the 20 and 50 MA, this is not good news for the bulls.Currently the INDEX is supported by the 10ma. Break below the 10ma would signal further downside and an official short signal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.