Since 2009, when the S&P 500 passes its 50-day moving average there is 90% chance of stock market doing this next
June 12, 2019 at 08:15 AM EDT
The S&P 500 Index just crossed over its 50-day moving average. That has happened 10 times since 2009 and has been a bullish indicator for stocks, according to CNBC data analysis.