PukaCharts

Olive Oil outperforming most of the market....

FRED:POLVOILUSDM   Global price of Olive Oil
Olive Oil

Discovered the following:

▫️ The 21 Smooth Moving Average makes a decent entry and exit signal
▫️ An upsloping 21 SMA, even if lost tends to recover. Down sloping rejection = exit.
▫️ Two recessions @ bottoms

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