China digging in on trade - We are Reducing International Stocks
Comment of the Day

June 05 2019

Commentary by Eoin Treacy

China digging in on trade - We are Reducing International Stocks

This note from Rodd Smith for Riverfront may be of interest to subscribers. Here is a section:

Eoin Treacy's view

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The best time to use moving averages as stops is when we have evidence of a year consistent trend where the price has bounced successively from the trend mean. Nevertheless, a moving average is a trend smoothing device that lags by definition and markets often overshoot so it is reckless to think of the moving average as a sacrosanct level

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