Bloomberg Intelligence's 'Equity Market Minute' 5/22/2019

Gina Martin Adams from Bloomberg Intelligence discusses the current state of the S&P 500, noting a stall in May due to concerns over US-China trade relations. The video analyzes short-term market technicals, highlighting weak momentum and the need for consolidation. Despite short-term uncertainties, the long-term bull market remains intact, with the S&P 500 staying above its 50-week moving average. The video concludes with a positive outlook on the bull trend.

How does the S&P 500 price relate to its 50 week moving average?

What is the significance of the 50 week moving average in determining market trends?