What Does History Tell Us About Weak Profiles Near The 200-Day?

Source: Chris Ciovacco Published on Saturday, January 30 2021
Related articles and keywords:   History
NOT ALL MOVES ABOVE THE 200-DAY ARE CREATED EQUALAs the historical examples below clearly demonstrate, after a plunge in the stock market and within the context of a still weak long-term trend profile, seeing the S&P close above its 200-day moving average is far from an “all clear” signal. As covered in recent CCM weekly videos and shown below, the S
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