NEW YORK (TheStreet) --The S&P 500undefined has closed above its 200-day moving average for 400 consecutive days.
That is truly extraordinary.
It is one of the longest streaks in stock market history. It currently sits right behind the bull market of 1997 and 1998. Over those two years, the S&P 500 remained above its 200-day moving average for a record 525 straight days.
Here is a table that you have to see about this from Ryan Detrick. It shows each of the longest streaks in stock market history when the S&P 500 remained above its 200-day moving average. It also shows the market's return during each streak:
We are truly witnessing one of the strongest bull markets in history. This table perfectly depicts that. The question now becomes, how much longer can this streak stay alive?
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