One simple strategy for trading is watching the 24 week for crossovers in combination with crossovers. Obviously enter long and add or hold when price is over the 24 week and the up line has crossed over the down line. I watch the 60 level for breaks on an early heads up for possible trend reversals. When the up line is at or near 100 it represents strong sentiment and uptrend continuation. Note the recent 24 week crossover and the current 100 reading on the up line.
Published at Mon, 08 Apr 2019 21:20:37 +0000
