Mid-Cap Index FTSE 250 halted rally as on December 09, 2019, after three consecutive days of surge

  • Dec 09, 2019 GMT
  • Team Kalkine
  • The FTSE 250 index which gauges movement in the UK’s mid-cap stocks, declined on December 09, 2019 after three consecutive days of rally. At the time of writing (at 02:48 pm GMT), the FTSE 250 index traded 70 points or 0.33% lower at 20,863.14 and registered an intraday high of 20,935.88 and a low of 20,801.99.
  • However, the index still managed to trade above its immediate support levels of 5-day, and 10-day simple moving average prices, also it traded well above its long-term support levels of 100-day and 200-day simple moving average.

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