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Seth Golden posted an update 1 year, 1 month ago
SPX has been testing the 40-WMA this week, below intraday, but has yet to close below. During corrective periods, a cut below the 40-WMA can occur during bull markets, as it did so earlier this year. Would prove concerning if below 40-WMA and the moving average rolls downward. Otherwise, it is just a test.
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