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S&P 500 Capped By 200-Day Moving Average: Technical Analysis – BusinessWeek

S&P 500 Capped By 200-Day Moving Average: Technical Analysis
BusinessWeek
October's 11 percent rally, which was the biggest monthly advance since 1991, failed to leave the S&P 500 above its 200- day average, limiting the potential for a rally, the Zurich- based analysts wrote in a report yesterday.

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