S&P 500, Nasdaq extend bullish reversal atop 50-day average

U.S. stocks are mixed early Friday, reversing an early-session downdraft amid familiar trade-related uncertainty.

Against this backdrop, the S&P 500 has extended its bullish mid-May reversal, reclaiming the 50-day moving average. The upturn punctuates a jagged retest of significant support (2,817).

Before detailing the U.S. markets’ wider view, the S&P 500’s

To continue reading, please subscribe. Already a Subscriber? Log in Actionable trading strategies Easy-to-follow guidance Weekly market navigational tool

Read More Here...

Bookmark the permalink.