HomeMarketsTechnical AnalysisSPX Grinds Higher: CAT and UBER Show Strength

SPX Grinds Higher: CAT and UBER Show Strength

Kevin Horner examines the S&P 500's (SPX) grinding higher pattern and notes that a close below the 20-day moving average of 5,925 would be a significant departure from the trend. He also highlights Caterpillar (CAT) as it attempts to re-grab the 200-day moving average of 350.8, a key resistance level. Horner also mentions Uber (UBER) which has broken out of a $20 range and may be due for a retest of its recent high.

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10 Jun 2025

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