The S&P 500 is nearing its 200-day m

The S&P 500 is nearing its 200-day moving average June 2011, (an average of the last 200 days), which to many people is a crucial point of support for the market. Source
: http://www.businessinsider.com/chart-of-the-day-sp-vs-200-day-moving-average-2011-6 https://ygraph.com/chart/540

The S&P 500 is nearing its 200-day m