Tuesday, November 4, 2008

ALERT: DJIA Breaks 30 DMA to the Upside

The DJIA has an intra-day Upside Breakout on its 30 DMA. The SPX is just below its 30 DMA with a potential breakout setting up. The Nasdaq and RUT are moving towards their respective 30 DMA.

1 comment:

Anonymous said...

Excellent Dave. I was just going over that in my prep for tomorrow.
It has been a long time since any of the major indices were above or even close to their 30 day MA. And the divergence on VIX yesterday is interesting.