With today’s 3% rally, the S&P 500 Energy sector is poised to close above its 200-DMA for the first time in nearly a year and a half (9/24/14). The current streak of closes below the 200-DMA is the longest for the sector dating back to at least 1990. In today’s Chart of the Day, we took a look at prior periods where the Energy sector closed below its 200-DMA for an extended period of time.
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