Replies to post #782917 on Fannie Mae-No Politics (FNMA)

[Ace Trader]

Been trading alooooooooooooog time I have my indicators for up and down. But I do agree it’s only so much to help look at the over all direction. Other indicators do play into it. That’s why I use 5 day and 30 day moving averages with the GSE’S. It shows you support when it’s about the 5 day and under the 5 day when it heads down taking into account the volume and CCI. Anything close to 90 is a true indicator of a down ward movement.. Anyway each to there own.