Stocks had a bullish day continuing Fridays afternoon rally. Several double bottoms have formed in the major indices if they can hold recent lows.
/ES is back above its 10 and 50 ma's 10ma is above 50ma.
The Russel is just below its 10ma and 200ma. Needs bullish action to avoid 10ma falling below 200ma.
Nasdaq is back above its 10ma.
Dow sitting above 10ma. However, price and 10ma well below 50ma and 200ma. Also 50ma<200ma.
Nikkei 225 broke a neckline for 22395
XLF shot above 10ma
IBB still below 10 and 50 ma's. Hourly MACD looks like could be making bullish cross above zero line. Daily MACD looks opposite though.
Oil trying to break its downtrend.
Copper was able to rally above 10 ma as well. Watch hourly MACD
Gold was also able to retake its 10ma and close above 1100
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