EMA -4
 

Viewing Instructions:
Click on the Audio link below to begin; click Next to go to next chart. Before clicking on the audio link, allow the chart to fully load. If the charts do not download completely, right mouse click and choose "refresh".

Audio - Previous - Next
 

In panel 3, the red EMA continues expanding, but flattens and turns down as prices drop into a trading cycle bottoms at "A". Prices did not close above the blue EMA indicating the uptrend is still intact, and the mechanical buy signal generated at "A" would be an excellent buy. As the uptrend continues, the expansion continues to increase followed by a slight downturn in the red EMA as prices drop into a trading cycle bottom at "B". Prices remained above the blue line offering an opportunity to go long.

 
Go Back to Top
Previous - Next
 

Please report problems to webmaster.

There is a risk of loss in trading futures.

Copyright © 1998, 2002 Walter Bressert, Inc. All Rights Reserved.