For today’s end of day analysis, we will take a look at what happens historically when the market closes above the 10 day moving average but below the corresonding 200 day moving average. Does the market tend to continue to rise or do we see a pullback down toward that 10 day moving average?
Interesting in learning more from Scott? Then check out InvestiQuant.com for additional material.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.