The S&P index trades to new day highs and looks toward key 200 day MA target
200 day MA at 2743.35
The S&P index is trading near the highs for the day. The high has reached 2741.02. We currently trade just below that at 2740.16.
ON the move higher the index is making a run toward the 200 day MA 2743.35 (blue line in the chart below). A move and close above will be the first since December 3rd.
Key level for both bulls and bears.