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Interesting chart.
Just curious, though. What's the purpose of the 200EMA on your chart for? Maybe a 50EMA might be more useful here (seeing that you've got a 50 cci on there)... |
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HI Cooter, obviously we will see his reply on this.... my opinion on that 200 ema is that it helps to show the overall larger trend plus a clear reading of momentum as his smaller emas are quite far from ema 200... wich suggests the market its trending.... if his small emas get to near the 200 ema we know market is sleeping....
mkp : you said cci is on input 500... seems is set to 50 is it ? wich would be more logic on 55T... cheers Walter.