With over $16 trillion in market capitalization represented, the NYSE Composite Index is the world’s largest.. and today it took out its 200-day moving-average for the first time since late 2012.
That time it was a false breakdown as soon after Bernanke rescued the world’s wealthy by unveiling open-ended QE… this time that’s not going to happen…
h/t Brad Wishak at NewEdge
via Zero Hedge http://ift.tt/1oFbnYi Tyler Durden