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Re: Market Technician post# 381

Wednesday, 08/20/2008 9:08:18 PM

Wednesday, August 20, 2008 9:08:18 PM

Post# of 405
40 WEEK SMA vs. 200 DAY SMA

link back to my CHK VS. $NATGAS charts

notice how CHK is now above its 200-day moving average on the daily

now, notice how CHK is also above it's 40-Week moving average.

thus, this proves that a 40 Week SMA is = the 200 Day SMA on a daily chart.

SO... if you are using a 200 day moving average on your Weekly chart, it isn't an accurate 200 day SMA equivalent. This will help your trading immensely if you rely on moving averages, IN MY OPINION :)

M_T



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