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Is IX showing downside potential? 20 Day Moving Average Resistance shows up after dropping 0.4%
IX closed down 0.4% on Tuesday, August 11th, with volume running 0.9× below average. The session formed a 20 DMA Resistance, often signaling a possible continuation. Key support levels exist at 39.54, 39.37 & 39.05, with resistance at 40.03, 40.35 & 40.52.
Current SwingTradeBot Technical Rating of IX: B
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