Anonymous ID: a030fe Feb. 12, 2019, 12:12 p.m. No.5144514   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>4562

S&P 500 peeks above its 200-day moving average for first time in 10 weeks

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It's still well below daily average volumes and it is BARELY touching the trend-line now.

 

 

Volume 1,564,322,097

Avg. Volume 3,960,368,360

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The S&P 500 SPX, +1.31% rallied 1.4% in afternoon trade, to peek above the widely watched 200-day moving average (DMA) for the first time on an intraday basis since Dec. 4. The 200-DMA, which many chart watchers view as a line that separates longer-term downtrends from uptrends, currently extends to 2,743.36, according to FactSet, and the S&P 500 is currently at about 2,746. The last close above the 200-DMA was Dec. 3. On the bullish side for technicians, the 200-DMA line has been rising since Jan. 29, and breaking above a rising line is viewed as more bullish than hurdling a declining line. Also on the plus side, the Dow Jones Industrial Average DJIA, +1.46% has closed above its 200-DMA every day since Jan. 30. Meanwhile, the indexes that led the late-2018 broader market selloff, the Russell 2000 RUT, +1.09% and the Nasdaq Composite COMP, +1.40% are still below their 200-DMAs. In addition, the S&P 500 had crossed back above its 200-DMA three times, in mid-October, early November and early December, but the failure to sustain those gains led to the sharp dive in early December.

 

https://www.marketwatch.com/story/sp-500-peeks-above-its-200-day-moving-average-for-first-time-in-10-weeks-2019-02-12?siteid=yhoof2&yptr=yahoo

 

https://stockcharts.com/h-sc/ui?s=SPX

Anonymous ID: a030fe Feb. 12, 2019, 12:27 p.m. No.5144708   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>5144614

 

Deutsche Bank to move assets from London to Frankfurt after Brexit

 

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) said on Monday it would move assets from London to Frankfurt after Britainโ€™s planned exit from the European Union next year, in line with demands from British and EU regulators.

 

Deutsche Bank said in a statement it would make Frankfurt rather than London the primary booking hub for its investment banking clients, as per an announcement made last year.

 

โ€œBy definition this involves moving assets from London to Frankfurt, a process which is already underway with the full understanding of UK and EU regulators,โ€ it said, declining to specify the volume of asset shifts.

 

https://uk.reuters.com/article/us-britain-eu-deutsche-bank/deutsche-bank-to-move-assets-from-london-to-frankfurt-after-brexit-idUKKCN1LX0WZ