Yes...very nice close today. Not only have we broken out of the pennant formation of the past couple of months but we have closed nicely over the 50day which is NOW turning up.
As previously stated the resistive qualities of the 50 have been hampered by its upturn....though I wouldn't rule out a little more flirting in the area. The 5, 10, and 20 day MAs are all beneath us now and heading up, however, which we will be looking to as our primary supports from here. MO .......rule
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