Profunds index and sector trading

[Vestor_2000]

Question of the Board about Moving Averages

I have a question and would appreciate folks weighing in.

I know the difference between Simple Moving Averages and Exponential Moving Averages. However, is there a bias in the market toward one or the other from the professional trader's perspective?

I ask the question because the Semiconductor Index, for example, is above its 200-day EMA, but not the 200-day SMA. So, did it really clear an important resistance level or not. I suspect most traders still use the simple moving average, so my answer would be "not," but I could easily be wrong.

Would appreciate all comments. Thanks in advance to those who respond.