Chart of the Day - Wednesday, September 3, 2025

🏆 Today's Chart of the Day was shared by Jay Woods (@JayWoods3)
 

• The S&P 500 closed above its 20-day moving average today after slipping below it yesterday.
   
• Jay notes the index hasn’t logged back-to-back closes below its 20-day since the recovery began in late April, evidence of persistent demand on every dip.
   
• While the 20-day has been tested more often in recent weeks, the 50-day and 200-day have remained untouched since May, when price first reclaimed them.