TradingView
CapeAfrican
Nov 24, 2022 7:23 AM

SPX - US500 @ 200 EMA - TOPS CALLED BY 200 EMA  Short

SPX500 FutureBlackBull Markets

Description

the 200 day ema has called all 2022 TOPDS - now again

In general, the 50- and 200-day EMAs are used as indicators for long-term trends. When a stock price crosses its 200-day moving average, it is a technical signal that a reversal has occurred. Traders who employ technical analysis find moving averages very useful and insightful when applied correctly.
****** VOLUME DROP OFF THE HIGHER SHE GOES
******* STOCHASTIC CALLS IT WAY OVERBOUGHT

HOPIUM - on slower rate hikes may prove to be premature when next CPI and FOMC meeting takes place in 2 weeks....
Comments
lobo7777
Thank you, I'm learning all the time. When looking at the 200 day EMA is it best to view the daily chart over one year as you have done here?
More