When the 50dma is higher than the 20dma, what does it mean? Is it bullish/bearish or nothing to be concerned about.
question
- Thread starter armsoforion
- Start date
Quote from armsoforion:
When the 50day is higher than the 20day. What kind of signal is that, if any?
Thanks in advance..
Hi armsoforion,
You'll get better answers if you posted a chart of what your trading and the application of a 50day > 20day.
The way you posted your question...you could get numerous different answers and some in contradiction of another.
Charts speak a thousand words.
If you don't know how to attach a chart...
First make sure you've saved your chart to your hard-drive via using something like Snagit or Xnview...
http://www.techsmith.com
http://www.xnview.com
Then when you reply back to this message or someone else message or typing a new message here at ET...look below and you see a button below that saids browse...
you should be able to figure the rest from there.
NihabaAshi
Here is the chart, I went short at 21.30
chart looks screwed up I will redo it.
try this one
try this one
stockcharts.com realtime is a bit screwed up today. Its sitting at 21.50 ish and has hit 21.75
if markets only trended (how do you define a trend?) normal thinking would say that you would be in or at the end of a down trend, but as you will see from your chart you aren't in a trend at that point so it tells you nothing, secondly you should probably only pay any attention when the 2 actually cross (not that that tells you much either for the most part)
me? I ignore MA's
me? I ignore MA's