Browse Symbol Stacks: $QQQ: $SPY bumps into its 50-day moving average

$SPY bumps into its 50-day moving average

Since the last two weeks of December are typically dead in terms of trading volume, there are really only two more “tradeable” weeks remaining in 2012. Therefore, it is fair to say the overall price action of the broad market over the next several days could easily set the tone for the remainder of the year. As such, this technical trading commentary will focus on a few key factors to monitor this week in order to help determine whether stocks might finish the year with a bang, fizzle, or plunge.

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