Moving averages are great tools and a ton of money can shift, based upon the message these indicators send.
In the chart below I compared the 200-EMA with the 150-SMA…..Which one do you believe is sending the correct signal right now?
CLICK ON CHART TO ENLARGE
Over the past few years, the 150-SMA has a little better track record than the 200-EMA…..150-SMA bought in earlier in 2009 and had fewer false signals than the 200-EMA during the middle months of 2010. I am curious which one moving average you believe is sending the correct message right now….
Is the 150-SMA Sell signal or the 200-EMA support signal correct? Send me an email at Kimblechartingsolutions@gmail.com if you would like to share your thoughts/opinions.
I will report the results of the quiz tonight. Thanks in advance for your thoughts and opinions!