S&P Fails At The 50 DMA, AMZN SBUX SMCI Earnings
May 01, 2024 at 06:07 AM EDT
The consensus narrative is that the correction over the last month has ended as the S&P has bounced over the last week. But the S&P has still failed to surmount its 50 DMA – and was rejected hard there in Tuesday’s session.
