S&P 500 Bulls Should Keep This Moving Average On Their Radar
Schaeffers Investment Research·2025-08-25 12:43
A "buy the dip" mentality may not have much impact with stocks back near record levels“If you follow what is being said in mainstream and social media, you have seen an abundance of reasons why the stock market is due for a pullback, ranging from indicators meant to be precise in timing (seasonality), to those that have a long history of being imprecise in timing (valuations)…. the SPX looks to be pausing at the level that corresponds with 10% above the 2024 close (6,469)…This is not a big surprise, per com ...