200 day moving average for the
euro stoxx 600 index.
there it is, about 20 right now.
i will overlay the index atop
the same chart so you can see
how the signals line up.
there have been five of them.
under 20.
look what happens.
look what happens when you got
another, another.
there have been five of these
times.
when stocks. oversold in europe,
you had a snapback rally.
the sheer.days left
the question becomes, how much
you think we could make in the
next 21 days?
average is very real
returns.
you know you are getting 20% of
every dollar you make.
you look for the trades that
were.
you get a lot of guys trying to
play the averages.
a very good track record.