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Technology Stocks : Micron Only Forum
MU 223.79+7.9%Nov 24 3:59 PM EST

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To: TREND1 who wrote (43373)3/1/1999 6:37:00 PM
From: Land_Lubber  Read Replies (2) of 53903
 
Question for a TA expert, or anyone ...

The S&P500 and NASDAQ composite appear to now be somewhat entrenched below their 50 day simple-moving-average.

Is this considered an important signal, or not?

The DJIA appears to be finding some support from its 50 day SMA, for now at least.

The SOX and the Russell 2000 had sharp declines shortly after breaking through their respective 50 day SMA lines recently.

Land_Lubber
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