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The S&P 500 Second Full 1% Closing this May

Kristin Alonzo

30-May-2018 09:17 AM

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Here is the S&P 500 daily moving average trails of 20 & 50 DMA - since the second week of May it has been trailing above 20& 50 DMA.  The resistance benchmark was established at 2% of 50 DMA.  S&P 500 still in positive territory per YTD performance.

Below chart is the snap chart of S&P 500 of at least full  (+/-) 1%.  Since the stock market correction began in February this year, the S&P 500 has had numerous full 1% closing, this MAY we only had 2 so far - May 4th +1.29% & yesterday May 29th -1.15%.  

Contact us:

   Kristin@TradersFish.com

  Twitter@ kris_tin27

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