TITLE

Tech talk: Confirmation in 3s

AUTHOR(S)
Karnish, Steve
PUB. DATE
March 2009
SOURCE
Futures: News, Analysis & Strategies for Futures, Options & Deri;Mar2009, Vol. 38 Issue 3, p22
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents the conditions need to be demonstrated by the DIAMONDS Trust Series 1 (DIA). The first condition is the trend through the combination of an eight-period exponential moving average (EMA). Waiting the trend to turn positive is needed before exciting a short or long position. It points out that DIA should exhibit continued support at or near the 80.00 level. It expects that EMA will turn up if the market mobilizes from its existing support level.
ACCESSION #
38814287

 

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