Yesterday, US stocks touched historic highs, reflecting the upward rally of the previous weeks, supported by the growth of the "black gold" prices.
Traders raised their Brent futures and S & P500 index rose above 2190. Resistance is located at 2200 support - by 2180.
MACD is in the positive zone. Histogram rose, indicating the strengthening of customer positions. RSI moved from overbought area and stopped in the neutral zone.
50-EMA has moved away from the 100 EMA on the 4-hchasovom chart. The price is still located above the moving averages. Moving averages are moving up on the said time frame.
If sentiment continues, the index may continue to rise to new highs. Next Target buyers will mark 2200.
Forecast Fort Financial Services