Here they are illustrating the SPX 15min chart with 13-34-200SMAs and a series of Stoch including some unusual Fib #'s. The longer/slower allows for great confirmation of any particular move.
Tuesday, February 23, 2010
SPX and Moving Averages/Stoch
The SPX continues to behave by some measures exactly as some have expected. The duration, timing and amplitude of the price action might not meet their full expectations but there are many aspects that benefit from a thorough and comprehensive look at Simple Moving Averages and Stochastics. The folks over at Breakpointtrades.com provide some incredibly splendid advice and guidance. I have learned a tremendous amount from their views and anaylses.
Here they are illustrating the SPX 15min chart with 13-34-200SMAs and a series of Stoch including some unusual Fib #'s. The longer/slower allows for great confirmation of any particular move.
Here they are illustrating the SPX 15min chart with 13-34-200SMAs and a series of Stoch including some unusual Fib #'s. The longer/slower allows for great confirmation of any particular move.
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