Video Bullish Reversal on Russell 2000 Palladium Set to Fall

Graphic of trading data chart
Matt Simpson financial analyst
By :  ,  Market Analyst

In today’s video we look at the Russell 2000 daily chart and highlight a potential bullish reversal pattern. We then update our analysis on palladium futures as we suspect a swing high is now in place, then add AUD/CAD to our bullish watchlist as a change of trend appears to have materialised.

S&P 500: Market Internals

S&P 500: 4524.09 (0.03%), 01 September 2021

  • Real Estate (1.68%) was the strongest sector and Energy (-1.5%) was the weakest
  • 6 out of the 11 S&P 500 sectors closed higher
  • 4 out of the 11 sectors outperformed the S&P 500
  • 244 (48.32%) stocks advanced and 259 (51.29%) declined
  • 79.01% of stocks closed above their 200-day average
  • 76.24% of stocks closed above their 50-day average
  • 61.98% of stocks closed above their 20-day average

 S&P Sector performance of SPX performance.  Analysed on September 2021 by FOREX.com

Outperformers:

  • + 15.01%   -  PVH Corp  (PVH.N) 
  • + 3.84%   -  Kansas City Southern  (KSU.N) 
  • + 3.52%   -  Moderna Inc  (MRNA.OQ) 

Underperformers:

  • -7.05%   -  Abbvie Inc  (ABBV.N) 
  • -5.07%   -  DXC Technology Co  (DXC.N) 
  • -4.92%   -  Wells Fargo & Co  (WFC.N)  


How to trade with FOREX.com

Follow these easy steps to start trading with FOREX.com today:

  1. Open a Forex.com account, or log-in if you’re already a customer.
  2. Search for the pair you want to trade in our award-winning platform.
  3. Choose your position and size, and your stop and limit levels.
  4. Place the trade.

Latest market news

Open an account in minutes

Experience award-winning platforms with fast and secure execution.

Live Trading Webinars

Our interactive webinars, led by our industry experts, come highly recommended and can help provide your trading with the edge it needs.
Economic Calendar