ballhawker
Short

$SPY Monthly 10/20dma crossover bad news for bulls

AMEX:SPY   SPDR S&P 500
43 0 1
$SPY Last time the 10 month moving average crossed under the 20ma happened was in May 2008. We all know the rest of that story. Also, the high this month has so far hit resistance on the under side of the 10 month moving average. If it can't reclaim that level as support, it's going to be a very long spring and summer for bulls.
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