April 05, 2013 at 10:41 AM EDT
Multiple Sectors and Indices Break Below 50-Day SMA on Bad Jobs Data
Several sectors and indices have been quietly headed south over the last couple trading sessions. On the back of a big miss for jobs data, we've seen several of these sectors break down below their 50-day sma to the downside, signaling that more downside could lie ahead. Notable sectors and indices include: S&P
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