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Since 2009, when the S&P 500 passes its 50-day moving average there is 90% chance of stock market doing this next

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Since 2009, when the S&P 500 passes its 50-day moving average, stocks do this next

When the S&P 500 crosses over its 50-day moving average, a key technical level, stocks almost always keep moving higher.After logging its worst month since December, the S&P 500 bounced back to kick off the month of June, jumping 4.4%, its best week of 2019. In doing so, the index crossed back above its 50-day moving average.

Through Monday, the Dow was up for six consecutive days as it closed in on an all-time high. On Tuesday

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