S&P 500 Update and the US Stocks Watchlist – 6 December 2022

The S&P 500 closed below its short-term 21 day EMA and also the horizontal Volume Point of Control (VPOC) today, as it tested towards the lows of the two most recent swing lows and the early November swing high. But found a small amount of support in the final few hours to close off of the low of the day and just above the recent swing low.

While the S&P 500 short-term percentage of stocks above their 20 day EMAs did breakdown from the upper zone (70% and above), to close at 52.80%. 

US Stocks Watchlist – 6 December 2022

There were 22 stocks highlighted from the US stocks watchlist scans today

SIG, DE, TPX, TIGR + 18 more...

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Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.