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Video Equites Are Down But Are They Out

Whilst the selling on Wall Street picked up its pace yesterday, markets rarely move in a straight line. And several key markets are approaching key support levels.

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[Video] Equites Are Down, But Are They Out? (Silver, WTI)
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In today’s video we checkout key support areas for the Russell 2000 (RUT) and WTI futures, then update our analysis on silver.

 

S&P 500: Market Internals

Market chart S&P 500 Sector performance Published July 2021 by FOREX.com

S&P 500: 4258.49 (-1.59%), 19 July 2021

  • Consumer Staples (-0.3%) was the strongest sector and Energy (-3.5%) was the weakest
  • 11 out of the 11 sectors traded lower on the S&P 500
  • 60 (11.88%) stocks advanced and 445 (88.12%) declined
  • 78.81% of stocks closed above their 200-day average
  • 98.61% of stocks closed above their 50-day average
  • 28.12% of stocks closed above their 20-day average

Outperformers:

  • + 4.34%   -  Kroger Co  (KR.N) 
  • + 3.41%   -  NVIDIA Corp  (NVDA.OQ) 
  • + 3.20%   -  ETSY Inc  (ETSY.OQ) 

Underperformers:

  • -7.34%   -  Kimco Realty Corp  (KIM.N) 
  • -6.60%   -  Diamondback Energy Inc  (FANG.OQ) 
  • -5.87%   -  Simon Property Group Inc  (SPG.N) 



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Fawad Razaqzada
Fawad Razaqzada

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