Story
Market Rally Chills as it Rolls Into February
The technical condition of the market deteriorated toward month-end but remained above key moving average support levels. Several technical indicators slipped into neutral-to-negative territory, with MACD, a short-term trend gauge, crossing into bearish ground, while Momentum, as measured by the 14-day RSI, was neutral. As the month was ending the DJIA, S&P 500 and NASDAQ were approaching their respective 50-day moving averages, which will be watched by traders...
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