S&P 500 moves above the 50-day moving average

There will be a test of the recent high around 4550

Daily chart of the S&P 500

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Technical Analysis is about avoiding snakes and catching ladders

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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