SP 500, all systems go?



This is the second time in this rally that the 20 day crossed and crossed back through the 50 day moving average.  I don't know if that means anything, but it seems like a good test of investor confidence.  The 200 day moving average was approached, not that I would call it tested but again the market exhibited value buying. 

This chart says all systems go for slow steady climb to 125-130 on SPY.
 

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