XJO 0.10% 7,767.5 s&p/asx 200

To answer your question "what is the importance of the 195?"....

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    To answer your question "what is the importance of the 195?". Simply put as I understand it on a daily chart the 41 provides a quick reference to the Weekly and the 195 the Monthly. Its creator recommended extreme caution re going long if price was below the 195.
 
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