Technical Analysis – US 500 index crosses above 2,700 to record all-time high; looking bullish in short- and medium-term

The US 500 index recorded an all-time high of 2,701.80 during today’s trading. A positive close would mark the second straight day of advancing after gaining 0.8% on Tuesday. The Tenkan- and Kijun-sen lines are positively aligned, with the former being above the latter. This is pointing to positive momentum in the short-term. The stochastics […]