ARTICLE SYNOPSIS...With major averages facing resistance at their 200-day moving averages, we test the reliability of this indicator.
AUTHOR:†Mike Carr, CMTDATE:†MAY†2008
ARTICLE SYNOPSIS...The S&P 500 broke its 200-day moving average for the fourth time in two years. Despite these breaks, the bulls recovered and the index moved to new highs each time.
ARTICLE SYNOPSIS...After a surge in March 2008, eBay consolidated around its 200-day moving average in April, and a consolidation breakout would signal a continuation higher.
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