A.) Prices retreated to the 50% Fibonacci level and then rallied. But
A.) Prices haven't been this far below the 50 day EMA since the Spring.
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2 comments:
What am I missing? The 10, 20, and 50 day EMAs are above the 200 day EMA, not "below the 200 day EMA," and they were all worse in March 09.
Steve -
You've not missing anything. I shouldn't write while I am on the phone.
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