The below offer is brought to you by Legend Research Private investor who delivered his clients Moderna (MRNA) @ $25 is offering you his 2021 FDA Approval Trade Trading Forex, Once a year, the founder of Legend Research sends out his "Trade of the Year." This pending FDA approval trade that looks to send this $1.25 option soaring once the FDA puts it's stamp on it. This is a 100% Completely FREE Offer. To access the trade, click here. Sincerely, Legend Research | To accept this special invitation, click here. | U.S. STOCK INDEXES The Dow closed sharply lower on Thursday and closed below the 50-day moving average crossing at 30,947.95 confirming that a short-term top has been posted. Today's sell off came close to erasing this year-to-date gains as today's sell-off gained momentum, following comments from Federal Reserve Chairman Jerome Powell. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are turning neutral to bearish again signaling that sideways to lower prices are possible near-term. If the Dow extends the decline off February's high, January's low crossing at 29,856.30 is the next downside target. If the Dow resumes the rally off January's low into uncharted territory, upside targets hard to project. First resistance is February's high crossing at 32,009.64. Second resistance is unknown. First support is today's low crossing at 30,547.53. Second support is January's low crossing at 29,856.30. The March NASDAQ 100 closed lower for the third day in a row on Thursday as it extends the decline off February's high. The mid-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off February's high, the December 10th low crossing at 12,217.00 is the next downside target. Closes above the 20-day moving average crossing at 13,367.58 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 13,367.58. Second resistance is February's high crossing at 13,900.50. First support is today's low crossing at 12,306.50. Second support is the December 10th low crossing at 12,217.00. The March S&P 500 closed lower on Thursday and below the 50-day moving average crossing at 3813.02 confirming that a short-term top has been posted. The mid-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends today's decline, February's low crossing at 3656.50 is the next downside target. Closes above the 20-day moving average crossing at 3882.00 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 3882.00. Second resistance is February's high crossing at 3959.25. First support is today's low crossing at 3720.50. Second support is February's low crossing at 3656.50.
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