S&P 500 ETFs Rally Above 50-Day Moving Average
October 10, 2011 at 09:52 AM EDT
Exchange traded funds indexed to the S&P 500 rose back above the 50-day simple moving average in Monday’s rally after breaking the technical indicator during the summer sell-off. SPDR S&P 500 ETF (NYSEArca: SPY) jumped about 2% in early trading Monday. Gold ETFs also climbed on hopes of a...
