Red line = Positive trend prior to the 2008 crash
Yellow line = 970+ Positive trend line that was recently invalidated.
Orange line = just below the trading highest trading volume curve. We bounced from this zone twice as of late.
Blue line = 50 day simple moving average
Pink line = 200 day SMA
The cross of these two lines is generally a strong indication in a change in market trend.
Yellow line = 970+ Positive trend line that was recently invalidated.
Orange line = just below the trading highest trading volume curve. We bounced from this zone twice as of late.
Blue line = 50 day simple moving average
Pink line = 200 day SMA
The cross of these two lines is generally a strong indication in a change in market trend.