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Barchart Insights

Risk Management is Crucial as Chart Support Comes Into Play for SPY. Here’s Your Trading Blueprint

John Rowland Barchart

In the latest Market on Close livestream, Senior Market Strategist John Rowland gave traders a heads-up to keep an eye on one of the market’s most watched technical lines — the 50-day moving average.

The S&P 500 Index ($SPX) and SPDR S&P 500 ETF (SPY) have both rallied sharply over recent months, but that momentum may be about to face its biggest test yet.

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