Sandy, you wrote:
"5 day EMA X 20 SMA which is again good news."
Yes, but no.
You will notice that because the Dow has made no new high since May 9, and has essentially gone sideways since, the 20 day sma has crept up to meet price.
You want price to be well above both to show price progress.
dow closes up +96.53 (+1.15%), plus chart, page-28
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Last
26,683 |
Change
82.730(0.31%) |
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| 26,683 | 0.00 | 0.00 |
| DJIA (INDEXDJX) Chart |
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