- Stock Indexes follow thru to upside
- Utilities Index hits new high
- Trends turn neutral
Was March 13th the end of the correction? Lows where made March 6th close to the 200 day moving average then retested on the 13th. On March 21 the S&P 500 index had a 1.8% move to the upside on large volume. This took out all down trends and was confirmation for the bulls that a short term low has been made. Next stop new highs?
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Posted by Michael Chapman at 12:09 AM PDT
