200 day MA at 7462.20. High reached 7461.66

The first look at the 200 day MA was met with selling. The 200 day MA comes in at 7462.20. The high price rate 7461.66

Nasdaq index tests the 200 day MA and backs off

Yesterday the S&P moved above its 200 day MA (at 2743.80 today). The price moved higher today - reaching a high at 2761.85. The price has backed off the highs, but remains above the 200 day MA. The low today is at 2750.30.

The S&P is above the 200 day MA