Tuesday, January 6, 2009

Today's Markets



Click for a larger image

Notice the following:

-- After rising through downside resistance, prices have been mellow for the last few days.

-- Prices are above the 10, 20 and 50 day SMA

-- The 10 and 20 day SMA are both moving higher

-- The 10 and 20 day SMA have crossed the 50 day SMA