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Let's Talk About the Russell's (and Everyone Else's) 50-Day Moving Average Line

Helene Meisler

I could talk about the resistance overhead but then I'd be telling you what you hear everywhere you turn, wouldn't I? Just over a week ago when I first noted we'd be overbought, using my Oscillator, on Thursday of this week I also noted that resistance on the S&P was 2,600-2,620.