RE:RE:RE:RE:When The health care index ignores the marketSpringisnear, The 200 day moving average has been slightly turning down since early December. As it pulls down and the uptrend in CXR from October is maintained, CXR should meet up with the 200 day average around the first or second week in March. (70.00)Of course anything could happen, and there could be a spike to the upside like we had last March, but given the normal movement we have been seeing the last three months, that would be My call.
The 200 day moving average is sitting at $77.22 today. Last Thursday it was sitting at $77.79.