S&P 500 Moving Averages Magic – Updated

This entry was posted by Sunday, 19 August, 2012

Original S&P 500 Moving Averages Magic post… 

Ideally the market will make a marginal break of 1422 but the higher weekly close already satisfies the buy signal triggered by the break back up through the moving average, however it is on a strong negative divergence and we do have a possible complete long term Elliott Wave count. Check it out at Kennys Elliott Waves on Stockcharts.

S&P 500 Moving Averages Magic – Updated



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