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- S & P500 with sixth unsuccessful attempt to break shor term consolidation
S & P500 with sixth unsuccessful attempt to break shor term consolidation
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Loading...For the sixth time in the last seven days S & P500 broke above its 21 day moving average.
The chart is on level of $ 2360.7 after the aggressive behavior of the index in the last month.
S & P500 reached 2366.37 before it fell again to mark little change. The change sent the CBOE Volatility Index, or VIX - the standard in the market for fear to record levels this year.
Today, the highest price was $ 2366.37 and the lowest - $ 2351.50
It was a somnolent session in the U.S., with equity trading volume of 5.5 billion shares setting a new low for 2017 as the Passover holiday and beginning of spring break.
Still, caution was in the air to some degree as the VIX set a new high for year
At the end of the day, the S & P 500 closed up less than 0.1%, Treasury yields gave back some of Friday's increase, with most curves flattening, and the Bloomberg Dollar Spot Index slipped modestly
Source Bloomberg
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