The S&P 500 is sending a positive signal, according to a recent article in Bloomberg. The so-called golden cross—when the S&P 500’s 50-day moving average breaks above its 200-day level—is…
Tag: Technicals
Poor Market Breadth is Sign of Pullback, But No Bubble Envisioned
A series of “worrisome signals” are pointing to weakening market momentum and a possible pullback, according to a recent article in The Wall Street Journal. The signals are as follows:…