S&P Breaks The 200-DAY MOVING AVERAGE - Business Insider

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S&P Breaks The 200-DAY MOVING AVERAGE - Business Insider
Nov 8th 2012, 21:15

OH NO!

The S&P 500 fell beneath the famous 200-day moving average.

Fans of "technical analysis" will worry that this represents "key support" for the market, and that because it is now below this line, the market is in for further trouble.

S&P 500 200 day moving average

Bloomberg, Business Insider

Source:

http://www.businessinsider.com/sp-breaks-the-200-day-moving-average-2012-11

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