Above the 40 – The S&P 500 Suffers A Convincing End To Bullish Divergence
April 14, 2017 at 09:46 AM EDT
The 50-day moving average is no longer golden. It figures that on a day with the smallest gain in the volatility index (VIX), during the current melt-up, the S&P 500 (SPY) experienced its ugliest close since the November U.S. Presidential election.