[TA DAILY] 200-Day MA

There are so many "technical" indicators that people look at on a chart that it could drag a    VIEW ONLINE         UPCOMING EVENTS     Larry's Morning Commentary 200-Day MA     There are so many "technical" indicators that people look at on a chart that it could drag a conversation on for hours, maybe days or weeks; however, there is only one that should get a great deal of attention: the 200-day moving average. The 200-day moving average is a technical indicator, versus fundamental, that even the most boisterous Wall Street fundamental analyst will mention when it is close to being broken/supported.  And that is happening with regularity now. Look at the chart below: every time the ES has come close to it, the market has rallied like a champion. On the far left of the chart, in October of last year, yu will see that the S&P500 had fallen well below the 200-day MA, which was weak enough, and scary enough, for a Fed member to suggest QE4...then it exploded.  Coincidence?  No way! Was yesterday's mega-rally off the low with NO economic news a coincidence with the 200-day MA?  No way!  Watch it carefully.   Trade well and follow the trend, not the perma-bull OR perma-bear "experts." Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banking mafia. Read Past Issues of Larry's Morning Commentary       It looked as if we would mimic the previous trading session. A huge gap down, followed by aggressive selling. We approached the swing low of early July in the SPX, and then it just happened. Furious buying took place in the markets stocks shot up off their lows and we did not stop. The markets continued it's climb...   Read More       TECHNICAL DATA ES 2075.25 / 2051.25 POC 2053.75 YM 17,295 / 17,115 NQ 4514.50 / 4444.50     How do we determine what strike to target when putting together a directional signal for earnings? We can use two pieces types of data to achieve this. First, we can look back at the historical performance over a period of time. We use two years worth of data. What is the average move? Also what is important to gauge the predictability...   Read More     Watch how our instructors call out live signals, answer questions, provide detailed commentary and compare notes with fellow students. Our live classrooms offer training on all markets - where you can watch the exact techniques our top instructors use with simple, yet complete explanations of every move they make in real time. DAY TRADING - MARKET PROFILE Instructor: Patrick Assalone Monday-Friday 6:00AM - 3:00PM CST   DAY TRADING - FOUNDATION Instructor: Joel Hawthrone Monday-Friday: Welcome/Market Forecast/Open Q&A 8:30AM - 9:00AM CST Classroom Instruction 9:00AM - 3:00PM CST   DAY TRADING - E-MINI Instructor: Dan O'Brien Monday-Friday 8:30AM - 3:00PM CST   STOCKS Instructor: Charles Moon & Dan O'Brien Monday-Friday 8:30AM - 3:00PM CST   Options Instructor: Scott Bauer & Michael Shorr Monday-Friday 8:30AM - 3:00PM CST   CURRENCIES Instructor: Dan O'Brien & Charlie Lewis Monday-Friday 7:00AM - 2:00PM CST   PROP TRAINING Instructor: Chris Mullaney Monday-Friday 7:45AM - 3:15PM CST     Click here to opt out     Trading Advantage © 2015 All Rights Reserved     IMPORTANT NOTICE: The risk of loss in trading futures, options on futures, stocks and stock options can be substantial and is not suitable for all investors. Past performance is not necessarily indicative of future results. Trading Advantage LLC only provides educational services. By accessing any Trading Advantage content, you agree to be bound by the terms of service. Click here to review the terms of services. The hypothetical signal results shown above represent signals offered in real time in the training room. A signal does not get posted unless there is a reasonable likelihood that if an order had been placed it would have been executed. Further, adjustments are made to simulate the costs of commissions. Past performance is not necessarily indicative of future results. The posted information is shown for educational purposes only and no signal shown was actually executed as a trade. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those talked about in our site.

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