XJO 0.16% 8,071.2 s&p/asx 200

monkey thursday, page-75

  1. 7,728 Posts.
    As we ponder where to next....might be worth considering that the US Dow transports, banking index and Russell small caps are still a long way up from the February low.

    And they are more or less holding the 150 day sma.

    The DJIA and SPX have plunged to the February low, and have long left the 150 day sma.

    That may be considered positive divergence?

 
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