Indicator Notes | $ICNT | Daily price above MA200 | MA200 0.1999
Definition: Long-term moving averages like the MA200 are widely watched, partly because so many people pay attention to them. When the price approaches this line, reactions are often more pronounced.
How to read it: In a choppy market, the price often crosses the moving average repeatedly, so signals based on moving above or below it often fail. Moving averages are more useful in trending markets.
Keep extra margin for futures positions. Don’t let a single price spike liquidate your position.
Definition: Long-term moving averages like the MA200 are widely watched, partly because so many people pay attention to them. When the price approaches this line, reactions are often more pronounced.
How to read it: In a choppy market, the price often crosses the moving average repeatedly, so signals based on moving above or below it often fail. Moving averages are more useful in trending markets.
Keep extra margin for futures positions. Don’t let a single price spike liquidate your position.