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US30 News

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Last Updated Date: 3 May 2021 @ 6:49 AM (UTC)
*Please note that all the dates are in GMT time zone

U.S. stocks were lower after the close on Friday, as losses in the Oil & Gas, Technology and Basic Materials sectors led shares lower. At the close in NYSE, the DJIA fell 0.54%, while the S&P500 index declined 0.72%, and the NASDAQ index lost 0.85%.


The market posture is negative. The slide back through last Friday’s reversal leaves trade positioned to continue attacking under 33638. A close under 33638 projects to 33223. Any near term
rebounds will find resistance at 33979. A close over 33979 is needed to recapture bottoming / bullish trade action.

 

 

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