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Show Notes
Kevin Horner’s Technical Tuesday breaks down the charts of the S&P 500 (SPX), Coeur Mining (CDE), and D.R. Horton (DHI). On the SPX, he points to the confluence of the 20-day and 50-day moving averages, which can provide support. Coeur Mining has seen a “pretty healthy pullback” and is testing support at the 20-day moving average. He thinks this could be a “low risk starting spot” for traders to enter or add to positions. D.R. Horton demonstrates the potential for support and resistance to become each other, and Kevin sees an opportunity for bulls if price can hold up.
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