S&P 500 Trapped Between Key Moving Averages as Bulls and Bears Battle for Control
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The S&P 500 is stuck between its 200-day moving average support and 50-day moving average resistance.
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Breaking above 50-day MA resistance at 4,375-4,407 is key for the bulls.
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Holding above support at 4,300-4,335 is important for the bulls.
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Market breadth has improved recently with more stocks participating.
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Seasonality trends bullish for the S&P 500 in December and Q4.