iBankCoin
Joined Nov 11, 2007
31,930 Blog Posts

Hulbert: Meaning of 200-day Average’s Violation

CHAPEL HILL, N.C. (MarketWatch) — The stock market’s 200-day moving average has now been decisively broken.

According to many technical analysts, that means that the market’s major trend has turned down. But how good a track record does this trend-following indicator really have?

Read the rest here.

 

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