S&P 500 ETFs Testing 200-Day Average
November 07, 2011 at 15:43 PM EST
Exchange traded funds indexed to the S&P 500 briefly rose above their 200-day simple moving average, a key technical indicator, in late October before stumbling into November. The U.S. stock index nearly hit 1,300 before pausing. Profit taking as well as opportunistic short selling came into...