The market started the trading day in the red, yet managed to rally into positive territory for quite some time. However, the wheels came off the bus for the S&P 500 and was sounded rejected at the 200 DMA for a really nasty finish to the trading session. This is only *one* close below the 200 day and no, one close below it does not break the uptrend - however, it must be re-taken soon.
A RAY HOLDEN STORY
Stephen Moran lives in Las Vegas with his beautiful wife, baby Kiana, and two dogs.