Short
50 AND 200 Day Moving Averages Provide Support and Resistance
This is SP 500 Futures chart. There is more price action here than on SPX.
50 AND 200 Day Moving Averages Provide Support and Resistance. Moving Averages are important because they are commonly used by program trading. They can be calculated, so programs/algorithms use them for sure. You can't calculate trend lines.
50 AND 200 Day Moving Averages Provide Support and Resistance. Moving Averages are important because they are commonly used by program trading. They can be calculated, so programs/algorithms use them for sure. You can't calculate trend lines.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.