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IMUGENE CHART. TA only, page-28581

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    lightbulb Created with Sketch. 1327
    the discussion on EMAs vs SMAs has been quite interesting to follow. As of this morning we have a Golden Cross (50 day crossing above the 200 day) using SMAs. So the Golden Cross is in!

    Still a day or two (?) away using EMAs.

    I thought the comment about SMAs like being in a coma was interesting, given they crossed first, but when you overlay the EMAs you can see that the EMAs are more responsive to price movement and have turned more sharply than their SMA counterpart. Thanks @slick informative as always.

    So we have a cross on using the Simples(!) as the 200 day (yellow) hasn't responded to the upward price movements yet and so has continued lower allowing a cross on the Simples first.

    see below for comparison:

    SMAs: 50 is green and 200 is yellow
    EMAs: 50 is dark blue and 200 is light blue

    https://hotcopper.com.au/data/attachments/5870/5870465-7083962b7a0e5dd6f7465e7cfc6bf10a.jpg

    thanks folks!

    GLTAH
 
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