• Bulls Back In Control Of S&P 500

    3 monthes ago - By ETF Daily News

    From Larry McMillan : A week ago Thursday , the market was on its heels as a large day-long sell program had pushed $SPX below the 200-day Moving Average.
    A close below that MA would have signaled some dire things for the bulls, but then a reversal rally took hold and it hasn't let go yet. As of Thursday's close, $SPX had rallied 130 points from those intraday lows.
    The rally has been strong not only in terms of price, but in terms of the other indicators that we follow as well. As a result, most of the bearish arguments have been vanquished - but not all. We have said all along that we...
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