The 21-day MA has kept this entire rally intact ever since the thrust off the early March lows. The market has kept its uptrend intact ever since, and has never violated the 21-day MA. Currently coming in at 1506.00 I love using the 10, 21, and 40 day MA!
MAs make me sick! Just think about it, how the heck can an MA which is lagging at best say anything about the market??? What is its value added? B