Extreme Deviation Automatic Price Targeting - "X_DEV" - Bitcoin

[lostcowboy]

Say Myst I was basing my prediction on this. This is a email that I just sent to Jon Markman of MSN. I am interested in your take on it.

Hi Jon, It is starting to look like you got everything right in this Article http://moneycentral.msn.com/articles/invest/models/7760.asp , except for the Exchange. You should have said the $NYA.X . While it is still to soon to be sure that this is the beginning of the end of the bear. It does look like people are paying attention to that ten year average.

By the way you can see the ten year MA in the MSN Charting program. You don't have to load the data into excel, unless you want to.
Here is how to set it up.
Click on Analysis, then settings. On price Indicators select MA Envelope. Set Periods to 120, set Width to 0.00, this gives you one line, click Ok. Then click on Period and select 10 years or greater, with Period set to All Dates. If the $NYA.X goes through the 10 year MA. You can take a ruler and line up the lows of 1982, 1987, and 1990, this gives a upward trend line that should be in the neighborhood of 350 to 380. I think that trend line will be the next level of support. Also the $NYA.X may continue to bounce on the 10 year MA until the trend line meets the 10 year MA.
Here is a interesting chart to look at $INDU with Period set to All Dates.