The S&P 500’s 200-DMA Is Tilting Lower

Ryan Detrick points out a fact I hadn’t realized. After 870 days of rising, the S&P 500’s 200-day moving average is falling again. It’s simply the average of the preceding 200 days, which is about 10 months.

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The 200-DMA is a simple metric, but the market has a good record of doing well when it’s above the 200-DMA and not so well when it’s below it.

Posted by on September 8th, 2015 at 12:30 pm


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