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Article By: Douglas Gammons
Tuesday, March 28, 2017 11:48 PM EDT
The market was up today, but the PMO didn't move despite being in the oversold range. It is a tough call, but I don't think a new short-term uptrend has started yet.
In this article: INDY, QQQ, SOXX, DIA, EEM, EFA, EWW, EWY, FXI, ILF, ITB, JNK, KRE, RSX, SPY, VGK, XLF, XLI, XLK, XLU
Article By: Dr. Duru
Tuesday, March 28, 2017 8:25 AM EDT
The S&P 500 (SPY) gapped down at the open below its 50DMA support. For a brief moment, sellers pressed the advantage, but it was oh so ephemeral. The index rallied back to near flatline with Friday’s close.