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S&P 500 @ magic 2,400 - level

S&P 500 @ magic 2,400 - level

The broad US-Stock Market (S&P 500) is currently at an interesting level near 2,400 points. Furthermore also two weekly Moving Averages are crossing this level soon > relevant decision may be upcoming...

S&P 500 (weekly)

In following chart one can clearly see, that an uptrending line may be an important signal line for potential investors on the sidelines or technical oriented Risk Managers to take out some risk of their equity portfolios...