The S&P 500 Just Made a Bullish Crossover. Here's Why That Might Not Necessarily Mean a Big Rally Is Coming.

The S&P 500 (SNPINDEX: ^GSPC) has been doing fairly well this year, and has recovered after the early Trump tariff news spooked investors back in April. It's back up around record levels, and recently made a very bullish crossover -- one that it hasn't made in two years.When there's a big "crossover" in stock prices' moving averages for different time frames, that can be a very bullish sign to buy, according to technical analysts who rely on chart patterns. But that doesn't mean an investment or asset is guaranteed to rise in value after such a crossover. It's always important to consider context. Here's why you shouldn't get too excited about what might normally be a very positive indicator for the S&P 500.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool