. S&P 500 LONGER TERM UPTREND INTACT, AND THE SHORT TERM AS WELL
INDEX IS TRADING ABOVE THE 50- DAY MOVING AVERAGE, MANY CHART WACHERS VIEW THE 50-DMA AS AGUDIE TO THE SHORT TERM TREND
WACH CLOSELY THE FAILURE SWING TOP ON RSI INDICTOR THAT WAS A WARNING SIGN OF POTENTIAL DECLINE AND IT HAS ALEARDY HAPPENED
HOWEVER THE 50-DMA AND THE SATATIC SUPPORT AT 4545 ARE FORMING CLUSTER SUPPORT. BREAK BELOW 4545 REQUIRS TO BE OUT OF THE MARKET IF UR A SHORT TERM INVESTOR
