- Price action is gradually approaching a key resistance hurdle at $323.19
S&P Global went up to $319.25, gaining 0.9%.
After hitting an important low of $286.62 approximately 25 days ago, S&P Global has bounced back 10.39% since.
Visual analysis of S&P Global’s chart shows that S&P Global could be slowing down soon; it is getting close to the resistance line and is now at $323.19, only $3.94 away. Crossing the resistance line could, however, suggest that further gains are ahead.
A look at other financials stocks also showed bullish price action as BlackRock traded at $676.3 after closing yesterday’s trading day at $656.15 (up 3.07%). Visa Inc. added 1.58% to its value, and traded at $200.1.
While S&P Global was bullish yesterday, the following financials stocks underperformed: HSBC Holdings closed at $27.58 (down 2.06%).
Upcoming fundamentals: United States Crude Oil Inventories is projected to outperform its last figure with 1.1 million, having previously been at -3.12 million. The figure will be published tomorrow at 15:30 UTC.