S&P 500 percent of stocks above 50 day moving average

Just 41.48% of stocks are above their 50 day moving average which is reason for concern Percent of S&P 500 stocks above the 50 day moving average

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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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