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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (164531)3/13/2008 4:12:25 PM
From: Galirayo  Read Replies (1) of 209892
 
[edit] Don't ask me why the 13ema works .. but the SPX has been testing it now for 3 days .. after it acted like a Rubber Band was attached between it and Price.

The Divergence between Price and the 13 Closed in 1 Day .. it's just resting now .. waiting to test again. IMHO.

edit .. It's that "Reversion to the Mean Theory between Price and Time.

.. but the Green Aroon did Turn Down .. so who knows ??

stockcharts.com

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