The S&P 500 has moved back above its 50-day moving average on the back of a 1%+ gain today. As shown in our sector trading range screen below, the Tech sector has also just moved back above its 50-day. That puts half of sectors above their 50-days and half below.
In today’s Chart of the Day sent to paid subscribers, we take a look at the chart patterns of the large-cap S&P 500 and the small-cap Russell 2,000. To view the report, please start a 14-day free trial below.