Wednesday, December 19, 2007

Technical Analysis Topic 10 Automated/Curved Trend Line - Moving Averages

Moving Averages

Moving averages replace straight line trends as trendlines.

In moving average approaches different practioners use differend days' moving averages.

50 day and 200 day moving averages (DMA) are popular.

50 DMA is used to indicate intermediate trend.

200 DMA is used to indicate major trend.

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