Macy’s: Multiple Support Above $66 Area Should Not Be Violated

www.investing.com/analysis/macy%E2%80%99s-(m)-preview-for-april-7,-2015-247331

By Petros Steriotis | Apr 05, 2015 04:19AM ET

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Trend is up but Macy's Inc (NYSE:M) shares need a breakout confirmation to justify long positions at all-time highs. In any case, multiple support above the $66 area should not be violated.

M shares (1 year)

Macy’s Daily Chart

Original post

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Central Banks

Interest Rates

Next Meeting

FED

0.00%-0.25%

Apr 28, 2021

ECB

0.00%

Apr 22, 2021

BOE

0.10%

May 06, 2021

SNB

-0.75%

Jun 17, 2021

RBA

0.10%

May 04, 2021

BOC

0.25%

Apr 21, 2021

RBNZ

0.25%

Apr 14, 2021

BOJ

-0.10%

Apr 27, 2021

CBR

4.50%

Apr 23, 2021

RBI

4.00%

Jun 04, 2021

PBOC

3.85%

BCB

2.75%

May 05, 2021

US 30 Futures	33,554.0	-16.0	-0.05%
US 500 Futures	4,133.88	+1.08	+0.03%
Dow Jones	33,677.27	-68.13	-0.20%
S&P 500	4,141.17	+12.14	+0.29%
Nasdaq	13,996.10	+146.10	+1.05%
S&P 500 VIX	16.65	-0.26	-1.54%
Dollar Index	91.743	-0.089	-0.10%

Crude Oil WTI	60.56	+0.38	+0.63%
Brent Oil	64.04	+0.06	+0.09%
Natural Gas	2.625	+0.002	+0.08%
Gold	1,746.75	-0.85	-0.05%
Silver	25.477	+0.051	+0.20%
Copper	4.0512	+0.0122	+0.30%
US Soybeans	1,393.12	+3.74	+0.27%

SPDR S&P 500	412.86	+1.22	+0.30%
iShares Russell 2000	221.14	-0.58	-0.26%
Invesco QQQ Trust	340.60	+3.93	+1.17%
Direxion Daily Junior Gold Miners Bull 2X Shares	90.22	+3.71	+4.29%
iShares Silver	23.51	+0.47	+2.04%
ProShares Ultra VIX Short-Term Futures	4.69	-0.08	-1.68%
ProShares UltraPro QQQ	110.51	+3.66	+3.43%

Apple	134.43	+3.19	+2.43%
Alphabet A	2,254.43	+9.81	+0.44%
Tesla	762.32	+60.34	+8.60%
Amazon.com	3,400.00	+20.61	+0.61%
Netflix	553.73	+0.95	+0.17%
Facebook	309.76	-1.78	-0.57%
Bank of America	39.32	-0.74	-1.85%

Macy’s: Multiple Support Above $66 Area Should Not Be Violated

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