Mixed Bag for Markets |  Investing.com

Mixed Bag for Markets | Investing.com

The past few days have been mixed. We got the last chance of saloon the markets needed if not all of the move from the June lows was to return, but the volume for some indices wasn’t really screaming for buyers’ demand.

Starting with the , there was really very little buying volume yesterday as the index gained less than 1%. We have a 50-day MA overhead that didn’t offer much support when tested last week, but it could be trickier as resistance.

COMPQ daily chartCOMPQ daily chart

It was able to register a day of accumulation but will also face an overhead of 50 days of MA resistance. Since the sell-off, the index has taken a position as the leading index in the trio of the Nasdaq and S&P. So bulls can look to this index for buying opportunities.

SPX daily chartSPX daily chart
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