1234 -- I sometimes use a heavier line or different color if I think the area has more likely suppt or Resist - vs lighter line I also think the more "Hits" the Suppt/resist line has - the better chance it has to hold. Just a quirk of mine - nothing written in stone. Knowing the Funds use the Moving Average crossover's - reinforces the significance of the cross - to Me. They have lots of power to move the Mkt I dont really know how they use them tho. I do think the longer term - like the 100ma cross the 200ma can be pretty significant - more significance maybe then the 50ma crossing the 200ma you mentioned I also like to see if the Mkt has been showing respect to a MA in the past -- like on the MWU14 Sep Weekly I posted -- Note how Px respected the Blu 200ma all across the chart. and on the left side Px seemed to respect the Red 50ma for a bit. I think past behavior has significance. Note the Dec Corn Daily -- Px seemed to respect the 50ma and the 100ma and the 200ma. Now a return to test the broken Blu 200ma maybe to 485 wouldn't be a surprize to me - In fact I expect something of a setback like that. But if Px doesn't setback much - it is a stronger Mkt -- at least to me. Some times Px ignors a MA completely -- and it seems to do so more frequently nowdays vs several years ago. Personally, I think the move to 24 hour Electronic mkt changed the Px behavior vs the days of the Pit trading - not for the better either imho I guess these comments are my own personal quirks of Px action. Sometimes they work - other times they dont. Some would say more often then not. lol so there I told you more then I know. Get Me started and that's what happens lol
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