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200 Weeks Simple Moving Average 2% Band List
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tact888
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25-Apr-2010 16:34
Yells: "Learn a life-changing skill and empower yourself. tactcharts" |
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The 200 SMA is used to demarcate bull zone from bear territory. Statistics have indicated that long positions above this line favours the bulls and short positions below this line provide better odds for the bears. This moving average should be a charting setup in all time frames. Use it in weekly charts, daily charts, and intraday 5 min, 10 min, 15 min, 30 min and 60 min charts. The 200 SMA is the most important moving average to have on a stock chart. You will be astonished at the frequency a stock will reverse in this region. Utilize this as an additional filter to find potential long setups that are above this 200SMA line and potential short setups that are below it. The list of SGX Counters Hovering Near 200 SMA was an exploration result written in Metastock Exploration Language. Stay alert and be nimble if the counter you are trading appears on the list posted above. Expect high volatile swings as the stock struggles to decide whether to remain as a bull or tranform into a bear and vice versa. View list at http://tactcharts.blogspot.com/2010/04/metastock-generated-200-weeks-simple.html |
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