Wednesday, November 24, 2010

Moving averages flirting with key levels

Moving averages flirting with key levels

After the nascent correction, most stock market major indices are within striking distance of their 50-day moving averages. However, all the indices are still trading above their key 200-day moving averages – often used as an indicator of the primary trend.

Posted by prieur du plesssis @ 01:47 PM (807 views)
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