S&P 500 rises back above the 200-dma but stalls at yesterday's high

Technical Analysis

Author: Adam Button | spx

What's moving the market

The S&P 500 is a bit softer shortly after the open than anticipated. The index matched yesterday's high of 3021 but the peeled back to 3014.
What's moving the market
If you look outside of stocks, the Australian dollar isn't sending a great signal at the moment and is at a session low, down 50 pips.

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