....barely so, on a day when the bulls had a great opportunity to break out of the recent congestion.
The 50ma crossed down below the 100ma, but barely so, and may be not THE deciding factor in market direction. See chart below.
The important SPX levels are:
2696 - 50ma and 100ma
2672 - 5-day high
2658 - 20ma (next resistance level) YELLOW l
2642 - close today
2596 - 200ma
2586 - 5-day low