XJO 0.25% 7,699.8 s&p/asx 200

A look at some clothes, namely moving averages.For a series of...

  1. 2,810 Posts.
    A look at some clothes, namely moving averages.
    For a series of t/f's,
    let's look at what some are seeing.

    Pink for 41 ema
    thick dark blue 200 sma
    thick light blue 50 sma
    thin red H+L/2 9 period
    thin dark blue H+L/2 26 period
    Shaded band is ichimoku cloud
    brown closed price set back 26 periods
    sorry volt's I can not do yours.

    This is to get a better understanding of the week ahead.

    SPX
    On the daily we soon have the 200 cross the 50 for the golden
    cross. Circle is the area I'm watching, and the lines show the
    range I see available for price to trade in.
    Interesting that all the ma's are there.



    On the 6 hr price supported by the cloud and above pink.
    The 50 sma is acting as resistance. The 9 is ready for a drop.The golden cross in may was good for the rally.
    The red is opening the door to drop to 900.




    The 2hr is hanging on to pink. In the cloud with red opening
    the door to drop but it did a false breakout eg without red
    about 12 candles ago. Current candles are bullish.



    The 1 hr has price currently squeezed between the 50 and 200 sma.
    Below pink and below the cloud. Red is above blue (weak bull signal).



    The 30 minute has the death cross. Oh no.
    Price has rallied into the cloud.
    Sitting on pink. Could it be a bull cross.

    Mixed messages but a daily golden cross is more energised
    than a death cross on the 30 min.



    Lastly I have the 10 min. My normal trading charting.


    I would love to hear how other posters would describe this chart.

    Personally the 10 min is at equillibrium.






 
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