| 1 | At the session low it did hold the 14-day simple moving average of $1.2772. | |
| 2 | It' s still in its upward channel, well above its 160-day moving average. | |
| 3 | Specifically, it sports good momentum, a rising 50-day moving average and good volume. | |
| 4 | After nearing its 200-day moving average Monday, the S&P 500 rebounded solidly above the level. Analysts saw 1,360 as the next technical level on the upside. | |
| 5 | The benchmark S&P 500 found technical support near its 14-day moving average, now around 1,264. |
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