XJO 0.88% 7,959.3 s&p/asx 200

xjo analysis, page-24

  1. 1,850 Posts.
    Now to continue with my rambelings supported buy a nice eal grey ,with one an no milk...the point i'm trying to get at is that the moving average must in some way represent something ..and I think its value..if for instance you have 3 mav's and I ues
    ( 21,55,144) when they come together in a fashion they are telling me that we have reached a blance or consciensis in value ...Now it can't stay there forever because things effect that perception of what is a fair price or value is , for instance Non farm payrolls..and so as a result of a figure like that we set of to explore new price ranges untill a new value is settled on... and on it goes add on forever
    sorry to rattle on but this thread does say analysis.
    and i got out of my srt at 4511..for now ..
 
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