S&P 500 and Nasdaq Testing 50-Days... Again

Jul. 13, 2010 3:11 PM ETSPY, IVV, QQQ, ONEQ, RSP
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Bespoke Investment Group
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After an uninterrupted five straight days of gains, both the S&P 500 and Nasdaq are now approaching their 50-day moving averages. Since the 'flash crash' in early May, the current attempt will mark the third time that both indices have tried to overtake their 50-days. Will the third time be the charm, or will the S&P 500 and Nasdaq strike out?

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