Thursday, March 26, 2009

Today's Markets

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The rally continues. Prices are now above all the SMAs. in addition, the 10 day SMA is about to move through the 50 day SMA, which would be a very bullish event. Also note the 20 day SMA is moving higher and the 50 day SMA has lost its several downward sloping trajectory.

Bottom line: this rally is looking very good right now.