MDA - Market Direction Analysis

[deuce bigalow]

there is an old traders saw:

sellers dry up buyers appear at a rising 200 dma,

and buyers dry up and sellers appear at a falling 200 dma,

if you look back at things for a long long time, it's not just an old wives (or ole traders) tale -g-

imo you can throw out all that 20% gains stuff or 20% decline stuff as demarcations of bull or bear markets,

if the 200 dma is headed up your in a bull market, headed down your in a bear market.