HomeMarketsTechnical AnalysisSPX Rallies Back to 50-Day SMA, Reversal Incoming?

SPX Rallies Back to 50-Day SMA, Reversal Incoming?

It's a bull stampede in the SPX. The index rallied to reclaim its 50-day SMA in an attempt to run up to $6,000. The pressure to push the SPX higher doesn't come without technical challenges despite market breadth rebuilding a foundation.

15 Jan 2025

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