Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 20, 2010
S&P 500 Trading below 20 DMA
S&P 500 is trading below its 20 Day Moving Average.
A daily close below this average will be negative for this index.
Last two times the closing below 20 DMA has given good results for the bears.
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