The daily chart for QQQ shows that the index tracked its 50-day simple moving average higher until the beginning of 2022. Note that November 22, 2021 was a key reversal day. A new high was set with ...
I use a mechanical strategy to buy or hold SPY if the S&P 500 closes above its 200-day SMA at month-end. This strategy avoids emotional decisions, keeping me long in uptrends and out of the market in ...
Discover how to day trade using this simple moving average crossover strategy (with backtests and examples) The golden cross and the death cross are both highly consistent medium-to-long-term ...
The 200-day simple moving average is a reliable indicator for determining a bullish or bearish bias in SPY. The 200-day SMA strategy has outperformed a buy and hold approach since 2000, especially ...
One of the primary objectives of any market analyst is to determine what exactly the market is doing. Is it rising or falling, trending or consolidating? And how do you know? For most, that analysis ...
Moving averages (MAs) are among the most basic technical indicators commonly used by forex traders in their currency trading strategies. Among the major benefits of their use in trading forex, MAs can ...
The Invesco QQQ Trust ETF QQQ represents the stocks in the Nasdaq 100. The daily chart shows that the ETF held its 200-day simple moving average at $290.06 on March 2. This chart also shows that a ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...