AllTechnical Analysis
logoArgusSeptember 16, 2020

Technical Assessment: Bullish in the Intermediate-Term

Intermediate Term
Long Term
Summary

So far, the major indices (S&P 500, Nasdaq, Nasdaq 100) have seen only minor technical damage, with most of them finding support from their respective 50-day moving averages last week. Yet the attempted bounces have been weak, running out of gas at their 10-day simple and 21-day exponential averages. All the indices have broken their uptrends off the secondary low from early April.

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level