Quote from cwb1014:
It seems to me that the answer to this question is this: those that the big players (e.g., hedge funds, institutional traders, etc.) are paying the most attention to.
If anyone here has insight into specifically which moving averages and other technical indicators these folks rely upon, I'm sure it would be beneficial to all of us to know.
You would have to look long and hard to find these "big players" using tech indicators to determine their trading
Research consistently debunks tech indicators and TA in general, especially after considering all trading costs. This is not popular here, so a howl of protests will ensue, but mostly from the wounded pride of the indicator lovers. The proof to the contrary will not materialize of course, just the howls