They S&P closed below it's 200 day EMA on Friday and today it closed above? It looks to me like that has been the way all significant corrections for the last several years have been stopped, just below or above the 200 day EMA. A little volatile sideways chop that would last for a few weeks or more then off to the races again, upward.
S&P 200 Day Exponential Moving Average
Started by
Sentient Being
, Aug 06 2007 07:58 PM
No replies to this topic
#1
Sentient Being
-
- Traders-Talk User
- 4,262 posts
Member
Posted 06 August 2007 - 07:58 PM
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~
