testing ema20 1st time today, usually would be bought.
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SPX at MA 13 resistance. Next resistance is EMA 377 at 1989, then MA 377 at 2009 and MA 20 at 2015 (which is also the level of weekly MA 75). Checking back the last 20 years suggests that it's unlikely that SPX breaks back through the 1989/2015 threshold - at least not for the next few weeks and months ...
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Looking back 20 years shows the importance of MA 377, now at SPX 2009. EMA 377 has a somewhat similar track record, now at SPX 1990. Last but not least: weekly MA 75 (corresponds with daily MA 377) is now at SPX 2015. Neither EMA 377 nor weekly MA 75 are shown on this chart.
not good, this shouldn't happen on a seemingly uptrend day. now biggest red plus vol surge, so might be a rebound here first which likely would be sold.
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Dear MrMiyagi, could you please add the sequence, I mean which target will be met first That would be very helpful. Thank you so much. Kind regards, uempel
uempel wrote:Dear MrMiyagi, could you please add the sequence, I mean which target will be met first That would be very helpful. Thank you so much. Kind regards, uempel
That is only for subs, the service is $3,000 a year