Do you see why Keystone uses the 200 EMA as a short term indicator? The red circle shows this mornings low thus far at 1501.48. The 200 EMA is 1501.67. A strong bounce occurs directly off of this important exponential moving average. Look for more drama at the 200 EMA as time moves forward. For now, the SPX is above the 200 EMA signaling bullishness for the hours and days ahead. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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