Morning trading May 9, page-195

  1. 1,736 Posts.
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    MAY -

    V - don't you mean a 15 minute chart? (per your post yesterday : Post #: 61274381

    The reason I say this is that a strictly Daily Chart would only have 5 bars for both the price candlesticks and the Volume bars i.e. for the 5 trading days of May last week.
    A corresponding EMA200 line would thus be a MA for the last 200 days, i.e. a steadily rising line well below the price bars.

    Your chart's green EMA200 line tells me its for the MA for the last 200 15min intervals.
    Your chart also shows 120? volume bars for those 5 days (6 hours / day x 4 15min bars / hr x 5 days).
    Sorry to be so pernicketty? but for some newbies wanting to learn to interpret posts by chartists they might be a bit puzzled by what you have presented.V
 
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