PRICES US RED - Somewhere soon in early trade become smaller

PRICES US RED - Somewhere soon in early trade become smaller ...

Dec 22 - Welcome to the home, where you can meet with our reporters of Reuters at the real time, to report and understand the real market's market trends. By sharing our thoughts, you can get the help out of the show.

AUTHEWS AROUND ARE BACKS IN EARLY TRADE (1003 EST 1503 GMT)

Wall Street's main indexes are roughly flat early on Wednesday, as concerns surfaced over the Omicron variant of the coronavirus and what may happen to the global economic recovery.

As far as I can tell, the S&P 500 is going to be a second straight close above its 50-day moving average (DMA) with 4,618 o'clock, whereas the S&P 500 is on the verge of an upcoming race.

The Nasdaq 50-DMA is around 15 500 feet below its closely watched moving average, which is around 35,600 yen.

Here is where markets swelled in early trade.

(Pyane)

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S&P 500: BULLS GET A BOOST (0900 EST/1400 GMT)

Following Monday's strong rally, the index of the S&P 500 is down only a round treble from the first time its 7,712.02 November 10 record closed.

Meanwhile, the 5-day moving average of the CBOE Equity Put/Carry ratio (P/C), a contrarian measure of sentiment, has suddenly joined bulls:

The measure, which reached 50.2% reading in December on 6 and 16, has now become a total of 51.8%. Of note, the average number of P/C students is between 30 and 60%.

If this pattern continues then the measure appeared to signal that the market sentiment was sufficiently bearish over the last few weeks of trading that SPX could manage the recovery.

The traders are able to watch for whether the P/C measure can go back below 40% as the SPX rallies.

If the measure falls, it only seems to be worth the ten percent chance, then it could signal the end of panic. The measure took the record at 105% on March 17th, 2020, where a larger s&P 500 collapsed.

(Adama)

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