According to an article placed on Bloomberg the longest streak of consecutive days of S$P closing above it's 5 day moving average actually happened today!!!!!
The S&P 500 closed above its five-day moving average for 27 consecutive trading sessions. That’s the longest such streak in history, according to Jonathan Krinsky, chief market technician at MKM Holdings LLC.
The S&P 500 closed above its five-day moving average for 27 consecutive trading sessions. That’s the longest such streak in history, according to Jonathan Krinsky, chief market technician at MKM Holdings LLC.