That was on March 13, 2020, just as the pandemic was kicking off.

The next trading day the index fell 2352 and continued to fall another 20% from there.

The market has a way of humbling even the most-powerful people.

Now it’s Biden that’s testing the market gods with a tweet touting the record highs in the stock market.

This article was written by Adam Button at www.forexlive.com.

For the trading week, the price is little change at +0.25%. The low for the week reached $67.71. The high for the week was up at $72.56.

Looking at the weekly chart below, the price traded this week above and below the 200-week moving average at $70.43 (green line in the chart below). However, momentum could not be maintained, and the price rotated back above the moving average level for the second week in a row. Of note is that the low prices did stay above the May and June lows which bottomed near $67.

This article was written by Greg Michalowski at www.forexlive.com.