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Daily Observations 30 December

All major indices finished red today.
Daily Observations 30 December
Photo by Niklas Ohlrogge / Unsplash

Last Trading Week - Thursday


Market Performance

Major Indices

Sector Performance

  • Today: 4 of the 11 sectors finished with positive gains.
  • Best sector: Communications rose half a percent to 78.83.
  • Laggard sector: Energy declines another 0.65% to 55.34.
  • VIX continues to stay below the 20s. It's up 2.24% to 17.33.

SPY Snapshot

SPY Daily Chart
  • $SPY declines 0.28% closing at $476.16; higher than the 30-day simple moving average and the 9-day exponential moving average.  55-day high stays at 473.54.
  • Relative strength index declines to 61.65; still higher than our 60.35 resistance marker.
  • Volume rose to 55.3M in contrast with 52.8M from 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.