U.S. Portfolio
- Thread starter Duarte
- Start date
The following daily chart gives a short-term perspective for the S&P 500.
The rally that began off the November low has been persistent.
In the context of a Bull Market, the 50 day moving average often serves as a support and that is what happened last Friday.
If the index falls below the 50 day moving average, this will be interpreted as a negative signal.
The rally that began off the November low has been persistent.
In the context of a Bull Market, the 50 day moving average often serves as a support and that is what happened last Friday.
If the index falls below the 50 day moving average, this will be interpreted as a negative signal.
