Wednesday, November 30, 2011

Indices Are Ready To Test Their 200 D-SMA Again

SGS is LONG (As of close of 8/24/11) 

DJI closed above its 200 D-SMA's. Other four major indices, DJT, NAZ, SPX and RUT are getting close to test their 200 D-SMA's.  I expect all major indices to close above their 200 D-SMA's either tomorrow or early next week.

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.