MAs.. usefulness comes and goes

[murray t turtle]

Measuring the market dominant cycle and then using that data to adjust or tune indicators is what John Ehlers was all about for the past 20 plus years. However, if you read his last interview with S&C, he basically dismisses cycle measurement. He believes cycles are too ephemeral in price data and just too difficult to measure accurately.

Of course he states this after just retiring.

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I LIKE moving averages ;
cycles , not so much\ unless you want to call SEPT sells a cycle LOL. Interesting apple sellers like to dump sell @ SEPT also , common apple harvest month. But some store it + use refrig ......

 

[Sergio123]

Most technical indicators use moving averages as their basis.
I don't see how anyone can say that they aren't useful.
How you employ them in your own trading strategy may not be useful, but as a calculation and guide of where the market is, makes them always useful.

 

[murray t turtle]

View attachment 326301

Opinion is divided about the usefulness of MAs. Fact is, sometimes they work and sometimes they don't. They can be useful to traders who understand when they do and when they don't.

(Continue on next entry as editing blocks my view...)

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OK, good , but AMZN is a somewhat super strong stock in a historic strong sector, like Bill gates MSFT.
SPY benchmark has not cleared 200dma so\ 200dma NOT working so well for the SPY longs @ least, last eod close...........

 

[Scataphagos]

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OK, good , but AMZN is a somewhat super strong stock in a historic strong sector, like Bill gates MSFT.
SPY benchmark has not cleared 200dma so\ 200dma NOT working so well for the SPY longs @ least, last eod close...........

May not be correct. SP has respected 4216 as support and (so far) 4243 as resistance. (Breaks are valuable info just as are holds.)

 

[murray t turtle]

May not be correct. SP has respected 4216 as support and (so far) 4243 as resistance. (Breaks are valuable info just as are holds.)

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OK for SPY benchmark\
but its now so far below AMZN/MSFT/QQQ Bill gates sector, still looks bear trend[below$ 421.60]for SPY bench mark.
As of 10:51, CST cash SPY trend. WHO knows by the end of day??LOL