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Daily Observations 28 December

Modest decline from yesterday’s uptrend.
Daily Observations 28 December
Photo by Sixteen Miles Out / Unsplash

Market Performance

Major Indices

SPY Snapshot

SPY Daily Chart
  • $SPY declines 0.08% closing at $476.87; higher than the 30-day simple moving average and the 9-day exponential moving average.
  • Relative strength index declines to 63.54; higher than our 60.35 resistance marker.
  • Volume is flat at 47.2M; lower than yesterday.

Disclaimer: I am not a professional investment adviser and my opinions are based on my own technical analysis.  Please consult an investment professional before making investment decisions.