This is the 3rd Close Below the 50 dma in 2 weeks —

Discussion in 'Technical Analysis' started by derektrader, Sep 17, 2020.

  1. Tradex

    Tradex

    But big financial institutions also watch the 200-day moving average, as it is an important indicator of market direction.

    In fact this moving average is frequently mentioned in the financial press and on TV.
     
    #21     Sep 18, 2020
    murray t turtle likes this.
  2. %%
    It does care about 25 ma;
    but only 50% as much. LOL.May go up by 25 of SEPT or within 25 hours starting next week.
    SEPT seldom goes down as much as FEB
    TECS /SQQQ was good buy below 50dma.NOT a prediction
     
    #22     Sep 19, 2020
  3. Cuddles

    Cuddles

    But can you really trust OP on anything?
    [​IMG]
     
    #23     Sep 19, 2020
  4. The above posts are all factual.
    On a more serious note, today will be interesting.
     
    #24     Sep 21, 2020
  5. VicBee

    VicBee

    Actually, racism is really serious.
     
    #25     Sep 21, 2020