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200 Day Moving Average Close

The SP 500 closed above the 200 day moving average. It will be interesting to see if there is a follow through or if this is just a retracement. Remember you want to be long when the stock market is above the 200 day moving average or short or out of the market when below.

Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts, commodity options or forex can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

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