S&P approaches the 200 day MA (again) - ConsultFX

S&P approaches the 200 day MA (again)

Last tests have stalled falls. The S&P is trading near the lows for the day at 2593.06. That is within about 5 points of the key 200 day MA. Recall, that in February, the price tested that MA, found buyers. On Friday, the index closed right near the line. Monday gapped higher, and traders breathed a sigh