For what it is worth today was the first time since mid August...

For what it is worth today was the first time since mid August that the SP closed above the 50 day Moving Average for a second consecutive day.

We had two previous crosses in the last two months but they lasted just the one day before dropping again below the 50MA

Some TA folks see such crosses as a buy signal. The 200 day MA sits around 24 cents so logically that would be a point of resistance and next stop but of course all that mumbo jumbo is worth nothing if we get some nice FUNDAMENTAL news coming through soon.