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On Neck Line versus MovingAverage 50

 
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KarlaF



Joined: 27 Oct 2004
Posts: 25

PostPosted: Tue Jan 24, 2006 7:50 am    Post subject: On Neck Line versus MovingAverage 50 Reply with quote

interesting pattern on the german dax.
the index opened yesterday below the moving average(50) and closed above it.
but the index has produced a continuationpattern. the on neck line.

what will have the higher weight? close above the ma(50) or the canlde pattern?

karla
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