S&P 500 ETFs Hit Resistance at 200-Day Average
November 21, 2011 at 07:54 AM EST
In recent weeks, exchange traded funds indexed to the S&P 500 have been unable to pierce their 200-day simple moving average and sustain any upward momentum. Equity ETFs stumbled into the week Monday on news Congress’s “supercommittee” is set to announce it has failed to reach...
