S&P Breaks Key Technical Resistance, Now What?

S&P 500 Futures just broke above the 200-day moving-average for the first time since August 19th. With crude, bonds, and credit all decoupled from this exuberance, one wonders what happens next… though clearly all-time highs will be required to enable The Fed to raise rates in October (currently a 6% probability)

Charts: Bloomberg

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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