The S&P500 has turned 16 months after touching the 200-day moving average, but it briefly fell below 5720 at 5730.
The equally long line over 200-N was in the beginning of 2020 from mid-2020. In that episode, S&P500 tampered with levels for months, eventually before the Fed began to sign the rate hike.
This article was written by Adam button on www.forexlive.com.
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