The NASDAQ trading below the 50 day moving average, the S&P 500 did not support at the 50 day moving average today. Anticipate the Dow heading for the 50 day moving average. The downtrend persists, short positions are working much better than bullish positions.
December 16th Daily Market Comments
The NASDAQ trading below the 50 day moving average, the S&P 500 did not support at the 50 day moving average today. Anticipate the Dow heading for the 50 day moving average. The downtrend persists, short positions are working much better than bullish positions.