[pcabc]

S&P500 versus Russell 3000

We've reached a level where there is support at 3800 for the last few weeks  [1].  The 50 day EMA has crossed above the 150 day EMA.  So is this support level of 3800 a new higher low if the cross is significant or will it break down to a new lower low?  Breadth otherwise is fairly negative.  I think 'unclear' is the only safe prediction.