The Dow may be attempting support at the 50 day moving average. However the one consistency of the current market nature is that down trending stocks continue to move in a downtrend and bullish charts are maintaining strength. Established positions should still meet the criteria of staying above or below the T line.
December 20th Daily Market Comments
The Dow may be attempting support at the 50 day moving average. However the one consistency of the current market nature is that down trending stocks continue to move in a downtrend and bullish charts are maintaining strength. Established positions should still meet the criteria of staying above or below the T line.