Friday, March 11, 2016 5:22:40 PM
Look where the 200DMA was back in Oct or so of last year and look at what it had done since then. I think we could see a test of the 50DMA again here easy. Again bro I am just stating why I am not liking this market here. If others like it stay in but when the 200DMA has to fall to take it out that is not very bullish. When you see it on the incline and the market takes it out that is bullish. Also if you look at the weekly chart the 50 is trading way above the 200 and and starting to turn down here. Again this market could get another move higher for sure but I would rather be early then stuck in the middle of a big sell off.
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