DislikedWhats the deal with those moving averages, never understood why people even have them in there...
Is it so hard to see its going up or down? use 2-3 screens and youre sweet with sober MM... If you dont use your brain your fucked...Ignored
Like fib levels, why do people plot those on their charts, because they believe they might mean something. Why should they mean something? Because enough people think that they mean something to make it a self-fulfilling indi.
A daily 800 SMA doesn't get crossed by PA very often. It's either above or below for a very long time. It shows that a major long-trend reversal has been taking place and is there to continue for quite some time.
Don't get mad, get even!