International Business Machinery Expectations (IBM)

summary

Securities indicators were crushed on Thursday, with differences in the day. As much as the “possible” support, the 78.6 % of the assembly decreased off the lowest levels in August 2024 5,339 for the S&P 500 (SPX), while the bid sits 88.2 % at 5,240. Depending on the dual summit, we can see a measurement of measuring to 5200s. With SPX make the lowest corrective level on Wednesday, we have differences in the expansion of the rise based on the percentage of SPX stocks over an average of 20, 50 and 200 days. The 24 -day relative index (RSI) follows a difference from bullish momentum after cycling in the sale area. But the momentum and the tremendous difference indicate only a possible reflection of the direction. The price is the final judgment. SPX Weekly shows the direction line support, as well as a preliminary decline of 38.2 % for the Taurus market since October 2022, between 5130 and 5,250. Long -term momentum (43 weeks RSI) needs to keep an area of ​​45 %, as bad things often occur when there is an additional decrease in weekly momentum. To date, the price follows a decrease in Bollinger Band to the negative side. SPX needs to restore the bottom range for a preliminary purchase signal and exceed the middle range to confirm. On Thursday, SPX decreased by 4.8 %, the largest decrease for one day since June 2020 (no