Last week ended with the Dow, S&P 500, the Dow Transportation Average and Russell 2000 below their 200-day simple moving averages. It’s above its 200-week simple moving average or reversion to the mean at 24,051. The Nasdaq is well above its 200-week simple moving average or reversion to the mean at 7,253.16. The average is below its 200-week simple moving average or reversion to the mean at 9,901.84. Its 12x3x3 weekly slow stochastic reading slipped to 73.23 last week, down from 74.03 on June 19.

Source: Forbes June 28, 2020 00:11 UTC