The S&P 500 Is Testing its 50-DMA

The S&P 500 is once again testing its 50-day moving average. The current 50-DMA is 1,624.11. We were above it yesterday but couldn’t hold on. I won’t feel confident about stocks in the short-term until we strongly break above the 50-DMA.

big07022013

Posted by on July 2nd, 2013 at 10:59 am


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