200 day MA at 3013.81.
The S&P has moved to an intraday low at 3009.94 That puts the index up about 7 points still but pushes the price back to - and below- the 200 day MA at 3013.77. Yesterday, the pair closed below that MA for the first time since May 26th.
More momentum below that MA would take more wind out of the sails for the buyers today.
