SPYvsGME

Kijun-Sen (Base Line)

Education
SPYvsGME Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
A line that represents a 26 period midpoint

  • Price above/below Kinjun-Sen (baseline) confirms recent price momentum to the upside or downside.
  • Crossing conversion line is short term momentum trade signals
  • Tenkan and Kijun cross over multiple times price lacks trend and is choppy

Next indicator is the Chikou Span (Lagging Span)
Comment:

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.