S&P 500 to Close Below 50-Day Moving Average

For the first time since November, the S&P 500 will close below its 50-day moving average.

This ends a 79-day run of closing over the 50DMA. From July to October there was a 106-day run.
The VIX is up 5.04 points to 27.31.

Posted by Eddy Elfenbein on January 22nd, 2010 at 3:38 pm

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