S&P 500 tested major support at 40-week average

Major test at 40-week ma

S&P 500 Weekly Chart

Reference my post from February 5, 2018: S&P 500 will test support around the 40-week moving average which translates into a 10% correction. It must stop there or I will need a more dire post.


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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
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