A technical look at the major US stock indices on September 26, 2023
<p>In this video, I take a look at the technicals that are driving the major US stocks indices. Each are threatening to break and close below a key technical target. </p><ul><li>For the Dow Industrial Average, it is on pace to close below its 200-day moving average for the 1st time since May</li></ul><ul><li>For the S&P index, it is on pace to close below it at 38.2% retracement of the move up from the March 13 low at 4302.15. A close below would be a tilt to the downside</li><li>For the Nasdaq index, it had traded above and below it's 38.2% retracement at 13122.40. A close below would be a tilt to the downside.</li></ul>
This article was written by Greg Michalowski at www.forexlive.com.
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