Bulletin
Investor Alert
Michael Ashbaugh

The Technical Indicator Archives Subscribe

Jan. 7, 2020, 12:20 p.m. EST

Charting a jagged 2020 start, S&P 500 maintains first support

Focus: Gold extends massive 2020 breakout, Cybersecurity names come to life, GLD, FEYE, FTNT, TEAM, SPLK, TWLO

By Michael Ashbaugh, MarketWatch

Technically speaking, the U.S. benchmarks’ bull trend has thus far weathered a jagged 2020 start amid heightened geopolitical tensions.

Against this backdrop, each big three benchmark has initially maintained its first notable support — including S&P 3,215 — vacillating amid January selling pressure that, to this point, has inflicted limited damage.

Link to MarketWatch's Slice.