Last Updated November 24, 2020 at 2:50 GMT
The instruments in the equity indices asset class that made the biggest moves, on a percentage basis, over the past day were Russell 2000, SSE 50 Index, and Dow Jones. The chart below illustrates. None of the moves in the past day were especially noteworthy in terms of their size relative to their volatility over the past 30 days.
Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
Russell 2000 outperformed all 14 assets in the equity indices asset class since the previous day.
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
This move is a reversal from the hour prior, which saw price move up.
Relative to other instruments in the equity indices asset class, sse 50 index ranked 2nd since yesterday in terms of percentage price change.
Price action traders may also wish to note that we see a doji candlestick pattern on as51.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
Tsla getting added to s&p 500 on dec 21st.. lets see if it can start to run into decembergood luck everyone!
Relative to other instruments in the equity indices asset class, ftse 100 ranked 13th since yesterday in terms of percentage price change.