SP index is approaching its 200 day moving average

Discussion in 'Stocks' started by TheDudeofLife, Nov 8, 2012.

  1. The current 200 day MA is 1380.40 in the cash SP index. The index is now trading 1384.The SP rallied off of the previous test of the 20 day MA last June at the 1280 area. AAPL recently broke strongly through its test of the 200 day MA. Keep an eye on this.
  2. The index closed yesterday at 1377 below the 200 day MA of 1380.