Chart Day

July 20, 2022 From last Thursday’s intra-day low through yesterday’s closing high, the S&P 500 Index is up 5.8% and broke above its declining 50-day moving average (dma).  The track record of buying upside breaks of the 50-dma is spotty, and worse than that when the 50-dma is several standard deviations below the declining 200-dma […]