Market Trend Indicators
[quote=capesurvivor] I just noticed Chris’s 4/9 blog. At the top, you’ll see his graph which show pretty well (not his focus) an example of how much of a trailing indicator a 50 MA crossover of the 200 MA line is. You catch part of the drop but miss a lot of the drop, as in this case. [/quote]
Thanks, CS. If I’m looking at the same thing you are, it’s pretty dramatic. Indeed, it points to a downtrend, but whoa, what a drop to take before they cross. Still, it’s a good indicator going forward.
Thanks. That’s a really good example of what you were describing to me.