redbacka's - what does that tell us - thursday, page-13

So the Tranny was up strongly (1.19% or thereabouts) and I thought it worth posting this chart which illustrates, among other market nuances, the present lack of volatility in the market overall. Here we have the 200 sma (thick purple), 195 ema (thick gray), 50 sma (blue), 20 sma (green) and 10 sma (red) all within 50 points of each other, or 1% of index value. Don't often see that.