sivars

S&P500 and 200 DMA in 2007-2009

AMEX:SPY   SPDR S&P 500 ETF TRUST
S&P 500 started falling from Oct 2007. It fell to about 57% with a Minimum on March 2009.

On the way up, it crossed the 200 DMA. Once it crossed it generally did not fall much after that, with the 200 DMA behaving as a Support
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