Friday, November 20, 2009

$XHB, $XLF, $IWM Back Below 50DMA, Nikkei Testing 200DMA [Charts]

XHB, XLF and IWM are under their respective 50dma's and the Nikkei ($NIKK) broke support and is about to test the 200dma. Will housing, financials and small caps drag SPY to the 50dma?   Futures unchanged, we'll see.





Charts Courtesy of Stockcharts.com


blog comments powered by Disqus
 


Subscribe to my feed Follow @dvolatility on Twitter Distressed Volatility on Google+ dvolatility on TwitPic dvolatility on Flickr Distressed Volatility TV on YouTube
© Copyright 2008-2012 Distressed Volatility - All Rights Reserved
About | Privacy Policy | Advertise | Contribute | RSS
Full Feed Syndication: Newstex | Amazon Kindle
Contacts: Twitter | Google+ | Gmail
Powered by Blogger