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  1. Test at the 50 dma in Progress - Posted by Coolhand

    Quote Originally Posted by coolhand View Post
    The bulls had their way with the market today, tacking on significant gains that has price now testing the 50 dma.

    Market Talk-s-p-500-png
    Market Talk-dwcpf-png

    We can see that price closed right on the 50 dma on the S&P 500 and just above it on the DWCPF. What we need to see is a continued push past that average (not necessarily in the short term) to help firm it up as support. Note that resistance at the 3500 area of the S&P (February peak) is
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S&P500 (C Fund) (delayed)

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BND (F Fund) (delayed)

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