![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjBgCjVdGDAUQ1QRM71Ro8OJAGLE68lwh0_aAIB43U0-dgjXtDzgRAf4kmeWqAcPJyNCtNc3bIZ3SW5RxtVjTq_fGKaO4NdtkQo_78Erj6o-fOGADyhgpyunIHyRqn88cOrUMreKBwuW9Q-/s320/dj.png)
But on July 2, overlooked by us mere mortals but to great fanfare among trend followers, the Dow's 50-day moving average rose above its 200-day moving average. And, sure enough, within a couple of trading days the market dutifully reversed course. And it is now at a new rally high -- rising another 104 points on Monday alone. (more)
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