US 30 Index Conveys Confidence above MAs

<p>The US 30 stock index (Cash) is tiptoeing higher after finding traction off the 100-period simple moving average (SMA), attached to the lower surface of the Ichimoku cloud. Although the Ichimoku lines are fairly directionless, the red Tenkan-sen line is nudging the price marginally higher. The indices’ positive structure appears safeguarded above the support zone […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/345489-us-30-index-conveys-confidence-above-mas/">US 30 Index Conveys Confidence above MAs</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>