The S&P 500 Held the 50-Day SMA!
The S&P 500 Held the 50-Day SMA!
How key was maintaining contact with the 50-day SMA on Thursday and then retaking and holding that line on Friday? Both Relative strength and the daily MACD suggest that there will be another test.
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NYSE floor trader for over 30 years. Day trader, long-term investor, and anything in between.
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