XJO 1.75% 8,092.3 s&p/asx 200

I know laundry uses an ema rather than an sma for his 55 day...

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    I know laundry uses an ema rather than an sma for his 55 day ma.....I am wondering if he uses the same for his 200. I imagine he would. We discussed earlier in the week how the SPX had cleared the 200 day sma followed days later by the DOW. But I have just noticed now that the SPX last night pierced the 200 day ema for the first time and failed to break though. The dow pulled up a whisker before the 200 day ema and also pulled back.

    I am wondering if I may be taking false comfort from the fact both the spx and the dow are being supported by the 200 day sma. Seems very ominous that the SPX hit that line at the predicted top of 5th june.....also being a full moon and all.
 
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