200 SMA managed to hold the US indexes once again, but one thing is - this time we have not seen a strong rebound in the upward direction. The lack of strong Price Action, close to such a significant level, is a sign of a significant reduction in bulls compared to the previous average tests.
The reason for the retention of indices above the key level was the technology companies that recovered after the downsides in recent days. We must not miss out on the rise in the dollar, which also contributed to the harder recovery of the indices. In general, the US stock market was quite confused, and to assess market sentiment, it is good to look at the third point of view - Safe Haven tools. CHF, JPY and Gold are downsizing, which suggests that stock market negativity is beginning to weaken. VIX remained above the average, marking a decrease of -10.67%.
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