HomeMarketsTechnical AnalysisSPX Slides Closer to 200-Day SMA, U.S. Dollar Breaks Down

SPX Slides Closer to 200-Day SMA, U.S. Dollar Breaks Down

An "OK" start to the trading day is one that's going to need much more fuel to prevent a breakdown in the SPX, according to Kevin Green. He's watching $5700 for negative gamma support, a number below the index's current 200-day SMA. Additionally, the U.S. Dollar is down more than 1% and crude oil can't catch a bid.

Morning Trade Live

05 Mar 2025

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