SPX500 MAs All Show Buy, Most Oscillators Are Neutral

If you're a momentum trading loving moving averages, US indexes, particularly the SPX500 is for you. If you're more an oscillator guy, then its understandable how frustrated you may be lately. That said, we could be looking at former resistance as support, but we havn't yet touched previous resistance for this to be the case yet. Although, we are staying above it at least. This is good news, but don't look at fundies if you want a more positive note. I'm neutral with the oscillators then, but the chart its mostly the rosy picture. Good luck with your trades boys and girls. If you want more analysis and charts, check out my other content at anthonylaurence.wordpress.com