SMA bounce

Discussion in 'Technical Analysis' started by Pekelo, May 5, 2011.

  1. Lucrum

    Lucrum

    What, pray tell, is special about a 9 bar SMA?
    Is 9 like some sort of magic number?
     
    #11     May 9, 2011
  2. Pekelo

    Pekelo

    2 excellent examples showing on the Nasdaq daily. The one 6 days ago ended in a major drop...

    [​IMG]
     
    #12     May 26, 2011
  3. ===========

    I like moving averages & find them quite useful;
    but number nine ma may continue to work well simply because its so uncommon.:D


    And 9 examples of S&R for 1335/+ area, same chart. Hey whats up with number 9. LOL:D
     
    #13     Jul 8, 2011