• After the stock market plunges, a technical analysis snapshot

    8 days ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis
    Equities opened weaker on Tuesday after big gains in the prior session. There were still outstanding questions on the China Trade situation and AAPL was downgraded. Techs began weaker and the Industrials that would be impacted by Trade also pushed lower. The selling was orderly until the SPX fell through its 200D-SMA and sell programs kicked in.
    The major indices began to fall rapidly and broke through every technical support level in their way. By the end of the session, the averages were down significantly. Rates moved...
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