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SPY stocks below 200 MVA is getting larger
Posted: Wed Mar 19, 2025 12:29 pm
by admin
| If a stock is above its 200-day, it’s probably not in a downtrend. The chart below shows the S&P 500 overlaid with the percentage of NYSE stocks above their 200-day moving average. |
| This gives us a broad view of what is going on beneath the hood. During strong and healthy bull markets, I expect the indicator to remain elevated. Right now, that percentage has dropped to its lowest level since November 2023. |
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