S&P Breaches 200 DMA

Minutes into Monday's trading session, the S&P broke through its 200 DMA. This is the first time the S&P has been above its 200 DMA since December. Obviously, a breach of the 200 DMA doesn't mean it will stay above the 200 DMA but this is a key first step. The DJIA is still about 6 points below its 200 DMA at this moment.