LIVE MARKETS S&P 500 Index attempts to hammer out a low – Reuters
- Date: 28-Feb-2022
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
LIVE MARKETS S&P 500 Index attempts to hammer out a low – Reuters
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S&P 500 INDEX ATTEMPTS TO HAMMER OUT A LOW (0900 EST/1400 GMT)
The S&P 500 index (.SPX) mounted an impressive snap back off its low last week. With this, the benchmark index formed a hammer candle pattern on the weekly charts, suggesting potential for a greater price reversal to the upside: