Major indices test 200-day moving averages with potential for increased volatility
IWM iShares Russell 2000 Index Fund
$282.51 +3.23%
View chart & analysis → - 1Russell 2000 tested its 50-day moving average before retreating to its 200-day moving average.
- 2Nasdaq is struggling at its 50-day moving average and faces a challenge at its 200-day moving average.
- 3Bitcoin has returned to the support level of its August-September sideways range and could fall to $65,000.
So what's the key point?
Major indices have declined toward levels that act as support. Bitcoin may also drop to $65,000.
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