HomeMarketsTechnical Analysis'Cautiously Optimistic' After Friday's Bounce, With 'Fairly Low Liquidity' Ahead of Holidays

'Cautiously Optimistic' After Friday's Bounce, With 'Fairly Low Liquidity' Ahead of Holidays

Kevin Green points to the 50-day moving average as a key indicator for the S&P 500 (SPX) to stay above. On a longer-term basis, he says the RSI study should be monitored over the past 2 years. $6000 is the positive Gamma level he's looking at to start the day, but a breakdown below $5900 would be a caution flag for the overall markets.

Morning Trade Live

23 Dec 2024

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