Investor Alert

New York Markets Close in:

Michael Ashbaugh

The Technical Indicator Archives Subscribe

Nov. 22, 2019, 11:51 a.m. EST

Charting an extended technical test, major U.S. benchmarks press first support

Focus: Crude oil clears 200-day average and tags two-month highs, USO, NVDA, BIDU, WLK, IGT

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Friday, treading water as the major benchmarks continue to digest a decisive November breakout.

Against this backdrop, the S&P 500 has thus far maintained first support — the 3,100 area — though an extended late-week retest remains underway. Friday’s early session low (3,099) has matched the inflection point.

Partner Center

Link to MarketWatch's Slice.