SPYvsGME

Tenkan-Sen (Conversion Line)

Education
SPYvsGME Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
The Tenkan-Sen is 9 period mid-point of high and low price.

  • Highlights short-term price direction via its slope
  • Tenkan-Sen is its own line/indicator but used to calculate leading span A
  • Cross over the Kijun-Sen (Base Line) as a buy/sell signal
  • Use cloud crossover to confirm trend

Next Indicator is the Kijun-Sen (Base Line)
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