The Dow is up over 1.5% in early trading and is approaching a test at the 50 DMA. Can stocks continue to rally off the recent crash lows or will the 50 act as a roof to all these green shoots from the last couple of trading sessions?
One thing to do on big up/down days is to measure your stocks against the general market - DJIA is up 1.6% - what about your stock?
As for the Dow - watch the 50 DMA. It could be telling.
One thing to do on big up/down days is to measure your stocks against the general market - DJIA is up 1.6% - what about your stock?
As for the Dow - watch the 50 DMA. It could be telling.