50-DMA Is Close By

The pieces are slowly coming together. First, the VIX closed below 20. It did so again today. Now the S&P 500 is getting close to its 50-day moving average. The 50-DMA is currently 1,998.52.

It’s a generality but the stock market does better when it crosses above its moving averages. The 200-DMA, which is still over 2,062, is a stronger signal.

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Posted by on October 6th, 2015 at 6:51 pm


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