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S&P trades below the 200 day and 50 day MA today

Discussion in 'Technical Analysis' started by ForexLive, Dec 10, 2015.

  1. ForexLive

    ForexLive Forum Member

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    100 day MA at 2032.30 is the final target The S&P is down sharply - reversing an earlier gain it the process (outside day, lower close). In the process, the price had breached the 200 day MA and the 50 day MA. That leave the 100 day MA as the last of the three. It comes in at 2032.30 today. The S&P is currently trading at 2042.77 down 1.01%. The low reached 2036.53

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