Back Above the 200
Hey, Ross Givens here! After the China trade deal announcement, markets gapped up and closed strong—pushing the S&P 500 and Nasdaq back above their 200-day moving averages. That’s a big deal. As Paul Tudor Jones once said, “nothing good happens below the 200-day.” We haven’t seen this kind of strength since March. If we can hold above this line, even without new highs, the setup looks very constructive. I break it all down in today’s Insight.
May 13, 2025
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