Moved By The Moving Averages
Strip away everything you can. Get rid of the trendlines. Remove the retracement patterns. Delete the tints. Even get rid of the price data itself! Just leave in place a trio of exponential moving averages: 50, 100, and 200. Draw your own conclusions. I’ve certainly drawn mine.
Dow Industrials
S&P 100
Russell 2000
S&P 500
Oil and Gas Index
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