NL,
Nice pick up on the 50dma resistance and 200dma being a bull run...
I've always used the 30dma as the Break Point which both the Dow & SP500 have moved aboved allso check what the 7&14 are up to on the charts below note the Inds now compared to the last time they traded tried to break above the 30&50dma's back in August it a different ball game this time around plus the weekly and monthly charts are bouncing..imo
I'd be expecting it to have a second crack at it,right or wrong the DOW & SP500 are Bullish ..imo(Not to be confussed with a Bull Market)
Charts Dow first the SP500 CHECK DAILY SEC..
Cheers Pete.
PPS INDS HAVN'T LINED UP WITH THE CHART THE MONTHS WILL TELL YOU WHERE IT SHOULD BE..
bear market is officially over..., page-12
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DJIA (INDEXDJX) to my watchlist
 (20min delay)
|
|||||
|
Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 26,683 | 0.00 | 0.00 |