retreated from its own highs. A day earlier, both indexes suffered their worst day of the year as trade tensions between the U.S. and China escalated.
Since the beginning of 2018, the S&P 500 moved as high as a record 3,025 last month and as low as 2,346 during its December slump. The 200-day moving average, which smooths out intraday and day-to-day volatility, shows the S&P 500 in a period of consolidation over this stretch.
TradingNation So because the market has trended upward for 10 years it’s going to continue to trend upwards. Insightful.
TradingNation This is not what the left wishes to hear.
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