dombat, you mirror my concerns...but i didn't post this morning as I am becoming tired of being the voice of doom.
That said the fact that the XJO, DJIA and SPX are all trading above their 50dma is not insignificant. But yes looking at the volume last night compared to when the indices last crossed the 50 back in the May rally I am less than inspired. Still I'm in for a quick bash today.
close up 212 points chart with moving averages, page-7
Add DJIA (INDEXDJX) to my watchlist
 (20min delay)
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Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 26,683 | 0.00 | 0.00 |