The Golden Cross, when the 50-day moving average for a security crosses above the 200-day moving average, occurred to the S&P 500.
FM trader Tim Seymour mentioned this on the show last night and said that it is "one thing to watch and part of an overall bullish recipe for July." Seymour notes that this special signal has also confirmed upward trends with copper and a few other resources.
http://www.cnbc.com/id/31567566
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