Indicator frequently employed in technical analysis with the purpose of generating a price's moving average during a specific period of time. The indicator is made of a single line that displays a continuously updated average price value in order to assist smooth out the price data. Moving average indicators can be simple- and exponential- data driven. The formula for the simple moving average indicator takes into equal consideration the closing price values recorded during a specific period of time (21-days, 50-days...). The exponential version of the indicator does the same calculation as the simple version of the indicator. However the exponential moving average places more emphasis on the most recent price values, making those values more responsive and current to the new information.
As we all know, 2022 has been a painful year, and it continues to be so. What works during a bearish market are a few strategies: shorts, inverse ETFs, holding cash positions and day trading. Today we take a look at ATXI and see how we day traded it. Watch this video to get the technicals. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is