a good trading strategy is this …..

Discussion in 'Technical Analysis' started by Tarzan, Sep 14, 2021.

  1. Arnie

    Arnie

    Over half of all US stocks are under the 50DMA
     
    #51     Sep 22, 2021
  2. Arnie

    Arnie

    I'm using "all US stocks" in TC2000

    Scan shows 3782 of 6502 stocks under 50DMA
     
    #52     Sep 22, 2021
    tomorton likes this.
  3. tomorton

    tomorton

    Good observation.

    Its a fallacy that some investors have which is that because all stock indices consistently rise over the long-term, then so do individual stocks.
     
    #53     Sep 22, 2021
  4. Arnie

    Arnie

    The numbers are pretty surprising.

    311/500 S&P 500 under
    50/100 Naz 100 under
    and 22/30 Dow under
     
    #54     Sep 22, 2021
    murray t turtle likes this.
  5. %%
    Good;
    good swing position trade/invest for trendy ETFs .
    DUE to weak SEPT based on history sell some also, above + below 50dma.....................................................................................................................................................................................................................................
     
    #55     Sep 22, 2021