https://www.tradingview.com/chart/zdHV6OJB/
Using 150 and 200 simple moving averages produces interesting results. When 150ma goes under 200ma it usually produces a price increase. However, since 150ma is shorter period, and all moving averages want to find their right place, it will go back up where it belongs, above 200ma. This also produces another interesting result, which is price decrease. This price drop however is usually followed by a sharp price increase as can be observed in SPX.
Using 150 and 200 simple moving averages produces interesting results. When 150ma goes under 200ma it usually produces a price increase. However, since 150ma is shorter period, and all moving averages want to find their right place, it will go back up where it belongs, above 200ma. This also produces another interesting result, which is price decrease. This price drop however is usually followed by a sharp price increase as can be observed in SPX.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.