By now, you are probably either getting tired of all the metrics illustrating just how uneventful US equity markets have been on an aggregate basis so far this year or just the fact that the market has been so indecisive in the first place. That being said, it seems that each day another one pops up. Today’s example of the futility in the S&P 500 so far this year concerns the 50-day moving average. After closing just slightly below its 50-DMA yesterday, the selling picked up steam to the downside today and the S&P 500 now sits comfortably below that level. With yesterday’s downside cross-over, though, the S&P 500 has now crossed its 50-DMA (on a closing basis) 29 times this year. The table below lists the number of 50-DMA crosses for the S&P 500 by year going back to 1929. At a current level of 29, 2015 is now only four crosses from breaking the record of 32 back in 1993 with five months remaining in the year.