Stocks Analysis by Declan Fallon covering: . Read Declan Fallon's latest article on Investing.com
) had the best of yesterday's action, but it has yet to confirm the swing low like the S&P 500 500 and Nasdaq 100 indexes.
Volume buying didn't register as accumulation, which was a little disappointing given the solid white candlestick. And while edging a close above its 20-day MA, I would want to see some follow-through today.There is one metric I have noticed that could spell good news for bulls and that's the relationship between the Percentage of Nasdaq Stocks above their 50-day MA and the Nasdaq Bullish Percent Index, now on a 'buy' trigger.
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