Below 2,050

For the first time since April 1, the S&P 500 is below 2,050.

The index has also given up its 200-day moving average.

The S&P 500 has had a pretty good run of staying above its 200-DMA. There was a brief stretch of six days last October when the index drifted below its 200-DMA (thanks to Ebola). Before that, the last time the S&P 500 closed below its 200-DMA was November 16, 2012.

Posted by Eddy Elfenbein on July 7th, 2015 at 10:47 am

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