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World's Largest Stock Exchange Index Takes Out Crucial Support

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