Above The 40 – A Sharp Edge Cuts A Churning Stock Market
March 20, 2018 at 07:58 AM EDT
Yesterday, the S&P 500 (SPY) gapped down below its 50-day moving average (DMA) and lost 1.4% at the close. The Nasdaq gapped down below its upper-Bollinger Band (BB) uptrend channel and lost 1.8% on the close.