Video Clear Lines in The Sand for SP 500 and AUDJPY
The Risk-off sentiment which swept its way through markets yesterday has abated in today’s Asian session. But is this a pause for breath or early signs of a sympathy bounce?
Share this:
![[Video] Clear Lines in The Sand for S&P 500 and AUD/JPY](/-/media/Research/Global/News Analysis/Featured Image/2021/03/Charts6v2)
In today’s video we focus on a pivotal level for today’s session for the S&P 500, AUD/JPY and USD/CHF.
S&P 500: Market Internals
S&P 500: 4320.82 (-0.86%), 08 July 2021
- Real Estate (-0.077%) was the strongest sector and Financials (-1.9%) was the weakest
- All 11 sectors traded lower on the S&P 500
- 5 out of the 11 sectors underperformed the S&P 500
- 334 (66.14%) stocks advanced and 171 (33.86%) declined
- 90.3% of stocks closed above their 200-day average
- 49.5% of stocks closed above their 50-day average
- 54.06% of stocks closed above their 20-day average
Outperformers:
- + 0.20% - Oracle Corp (ORCL.N)
- + 0.19% - Nucor Corp (NUE.N)
- + 0.18% - Carmax Inc (KMX.N)
Underperformers:
- -4.67% - Xilinx Inc (XLNX.OQ)
- -4.60% - Marketaxess Holdings Inc (MKTX.OQ)
- -4.31% - Penn National Gaming Inc (PENN.OQ)
The complete CFD trading experience
Award-winning platforms, competitive spreads, low commissions and dedicated support.
We live and breathe the markets and are dedicated to helping traders realise their ambitions as we continue to set the industry bar.
Economic calendar
Web Trader platform
Our sophisticated web-based platform is packed with features.
Related articles
Japanese Yen Forecast: USD/JPY 4% Rally Challenges Post-Intervention Downtrend 9 24 2026
USD/JPY momentum has shifted sharply higher, putting a major resistance confluence in focus as U.S. and Japanese event risk builds.
Oil Quietly Hands the Fed a Reason to Stay Hawkish
Oil prices and the U.S. dollar are both on the front foot as elevated energy costs feed Fed warnings that inflation may prove sticky.
S&P 500 forecast: Stocks extend drop as correction risks grow
US and global equity markets have extended Wednesday’s sell-off, with Wall Street opening lower after a weak handover from Asia and Europe. The deterioration in risk appetite has been spreading across global markets. The dollar was firmer, Treasury yields were holding onto yesterday’s gains, while gold, silver and bitcoin were all under pressure alongside equities and major currencies.
StoneX Europe Ltd may make third party material available on this website which may contain information included but not limited to the conditions of financial markets. The material is for information purposes only and does not contain, and should not be construed as containing, investment advice and/or investment recommendation and/or an investment research and/or an offer of or solicitation for any transactions in financial instruments; any decision to enter into a specific transaction shall be made by the client following an assessment by him/her of their situation.
StoneX Europe Ltd makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. We are not under any obligation to update any such material. Any opinion made may be personal to the author and may not reflect the opinion of StoneX Europe Ltd.