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Touching the red line

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Touching the red line

Unread postby ohanian » Wed 06 Apr 2005, 17:54:11

http://stockcharts.com/def/servlet/SC.web?c=$WTIC,uu[w,a]dalayyay[pb50!b365][vc60][iUb14!La12,26,9]&pref=G

According to the chart above. The last time oil touch the 365 day average
represented by the red line is on "end of nov 2003, start of dec 2003".

Very interesting.
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Unread postby Triffin » Mon 11 Apr 2005, 17:18:17

Try using 242 for the long ma if you're
looking for an approximation for a one year ma ..
That's how many trading days in one year ..

Triff ..
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