Tuesday, May 24, 2011

Daily Market Commentary: 50-day MAs break

Just a quick post to keep things going. Comprehensive loss of 50-day MAs in S&P, Russell 2000, Nasdaq, Nasdaq 100 and Semiconductor index. Only the Dow escaped. Potential break of the neckline in the Russell 2000.

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Dr. Declan Fallon is the Senior Market Technician and Community Director for Zignals.com. I offer a range of stock trading strategies for global markets which can be Previewed for Free with delayed trade signals. You can also view the top-10 best trading strategies for the US, UK, Europe and Rest-of-the-World in the Zignals Trading Strategy Leaderboard. The Leaderboard also supports advanced search capability so you can tailor your strategies to suit your individual requirements.

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