Stocks Remain Inside Their Long-Standing Trading Range, But An Upside Breakout Grows More Likely
July 07, 2016 at 08:30 AM EDT
After the scary post-Brexit yo-yo, the broad market indexes, S&P 500, Nasdaq, and Russell 2000 are back above their 50-day and 200-day simple moving averages, and in fact the 50-day has provided solid support the past two days on the S&P 500.