Nine, my big chart data looks different to your chart. The Dow is clearly below the 55 day EMA, while the SPX is resting right on the 55 day EMA.
Agree that the market will move down, but I also note that there are a number of treasury auctions this week where demand has been high due the recent falls. So I will keep an open mind and wait.
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |