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  1. How To Trade The Dow, S&P, Nasdaq, Transports And Russell 2000 On Daily Charts

    by , 08-29-2018 at 03:05 PM
    All five major equity averages are above what’s called a “golden cross,” which occurred when the 50-day simple moving average crossed above its 200-day simple moving average, indicating that higher prices lie ahead.

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    Traders buy weakness to a value level that is below the current market price. Traders reduce holdings on strength to a risky level that is above the market price. A pivot is a “magnet,” which was once a value level or a risky ...