S&P 500 Falls Below 200DMA While Within 6% of Its All-Time High

S&P 500 is below its 200DMA. But… Since 1950, this is only the 12th time $SPX has been within 6% of its all time high when the breach happened. On average, it took 275 trading days to make a new high. In 2015, it took 254 days. In 2007, it took 1,000+ days.