The Markets Get a Booboo!
Aug.03, 2007 in
Neural Nets, Trends
Boy, what a week! Volatility is going through the roof! I should really update my S&P500 Neural Trend Model and see where we stand relative to these market swings! My volatility briefing is coming out, probably Sunday evening, after I recover from my hangover! If you want to sign up, send me an email via my contact form!
August 5th, 2007 at 10:50 am
That blue line is the 50-week moving avg. The $SPX is currently under both its 50 and 200-day moving avg.
August 5th, 2007 at 2:04 pm
Yes, the chart is for weekly prices. I should’ve written WMA instead of DMA.
Or DMA could mean “Damn Moving Avg.”