Although the Dow is trading up 100 points, it is still showing difficulty getting up through the 50 day moving average and the downtrending resistance level. However, the other indexes are demonstrating strength going through resistance levels. The overall uptrend remains in progress. There appears to be an underlying confidence for the overall economy.
March 13th Daily Market Comments
Although the Dow is trading up 100 points, it is still showing difficulty getting up through the 50 day moving average and the downtrending resistance level. However, the other indexes are demonstrating strength going through resistance levels. The overall uptrend remains in progress. There appears to be an underlying confidence for the overall economy.