An Unparalleled Streak: Indicator Confirms S&P 500’s Bottom Formation and Promises Further Upside for Stocks
The 200-day moving average of the S&P 500 has rebounded by 1% from its lowest point in over a year. According to Bespoke Investment Group, historical instances have shown that when the 200-day moving average (DMA) of the S&P 500 rallied by 1% or more from a 52-week low, it typically suggested that the market …