S&P 500 Decision Point: Testing The 200 Day MA

As legendary trader Paul Tudor Jones once said, “Nothing good happens below the 200-day moving average.” So with the S&P 500 approaching that key level, where do things stand?

In this featured piece published by the CMT Association’s Market Mosaic Daily, Adam Koós breaks down the S&P 500’s current technical picture, including the 200-day moving average as a critical line in the sand, a negative momentum divergence worth watching, and what the market’s coiling base could mean for the next big move.

Click here to read the full article on the CMT Association’s website.