Friday, April 11, 2008

S&P 500 Testing 50-Day Moving Average

With today's market declines, the S&P 500 is in danger of breaking its short-term uptrend line as well as its 50-day moving average. The index is currently trading just a half of a point below its 50-day moving average and will need to close above that level for the uptrend to hold.

Spx50day

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.