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Home > World's Largest Stock Exchange Index Takes Out Crucial Support

World's Largest Stock Exchange Index Takes Out Crucial Support

By Tyler Durden
Created 10/02/2014 - 13:46
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 10/02/2014 13:46 -0500



 

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.

 

[2]

 

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

 

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Source URL: http://www.zerohedge.com/news/2014-10-02/worlds-largest-stock-exchange-index-takes-out-crucial-support

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[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/10/20141002_NYA.jpg