We said to watch for the middle trend line when it started to pull back in July and so far it has found support on this line and has bounced so far.
Which is a strong sign considering how weak the marker has been.
Another test of the support line would be the ideal scenario here at $250.
$MCDs has been increasing its dividend since 1976 and it is a Dividend Aristocrat, so this is a good stock to look at if the market takes a turn.