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Dow's chart looks pretty bullish, even though S&P 500 and Nasdaq are still bearish

Por: MarketWatch Business January 07, 2023

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And back on Dec. 14, the Dow’s 50-DMA crossed above the 200-DMA (32,420.79) to produce Since the 200-DMA is viewed by many as a dividing line between longer-term uptrends and downtrends, a golden cross is seen as marking the spot a shorter-term bounce flips to a longer-term uptrend. FactSet, MarketWatch In addition, the Dow’s chart is showing a “minor breakout” above the bear-market downtrend line that started in early 2022, as pointed... + full article



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