XJO 0.10% 8,212.2 s&p/asx 200

turn thursday, page-7

  1. 7,728 Posts.
    Lol, San Felipe, hear hear, I'm with you on that one (not sure about the bear suit though).

    Of course, the US markets had fallen as expected, but the decision of the Federal Reserve to buy debt caused the vertical comeback in the afternoon.

    Interesting where the S&P500 went.... Hit the wall at the 50-day sma (yellow line. There's been no serious break above that ma since June last year, except for 7 days in January.

    So, this time, with the index at trendline resistance, 50-day sma reistance, and at 800, it's crash through or crash.


 
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