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S&P higher but off the high after testing 50 day MA

Discussion in 'Technical Analysis' started by ForexLive, May 20, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Up modestly on the week. The S&P is trading up about 12.5 points or 0.62% on the day. The high price extended to 2058.35 in the process. The high got to within 2 or so points from the 50 day MA at the 2060.50 area.

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