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Upper Bollinger Band Walk appears for MTD after 1.48% move
MTD closed up 1.48% on Tuesday, June 30th, with volume running 0.8× below average. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 1256.62, 1235.73 & 1221.46, with resistance at 1291.78, 1306.05 & 1326.94. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of MTD: B
This might just be the start. See what else showed up for MTD today.
Read full article here »