OH NO: The Stock Market Is Tumbling Again, And It's Right On The Infamous 200-Day Moving Average

Alert! The stock market is falling.

And the S&P is now right on its 200-day moving average (the red line in this chart) which some people see as an important “support” level.

If we break through it, some people might freak out.

From Stockcharts.com >

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Photo: Stockcharts.com

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