TECHNICAL ANALYSIS

Buckle up, we’re in the last hour to trade stocks


Price action has been volatile in the last trading hour

We have just entered the last trading hour of the day and if history is a guide, we should have another volatile hour.

The values ​​at the start of the hour indicate:

  • The S&P index rose 84.81 points or 3.19% to 2,744.22. It’s right next to the high of 2745.33.
  • The NASDAQ index is up 196.97 points or 2.5% to 8,084.23. The high prices at 8085.83
  • The Dow Jones is up 729.56 points or 3.22% to 23,383.42. Today’s high is 23394.99

In other markets before the last hour:

  • spot gold trades up $ 4.52 or 0.27% to $ 1,652.24
  • WTI crude oil futures are $ 25.09, but are already trading at $ 25.90 after closing. Algeria’s shutdown and positive rumors from Russia about lower production help oil prices to rise

On the American debt market:

  • 2 years 0.252%, down -0.8 basis points
  • 10 years 0.7611%, +4.89 basis points
  • 30 years 1.361%, +6.7 basis points

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