Moving Average System: Three Lines Blooming, Perfect Bullish Alignment
This is the key highlight of today's market. Take a look at the moving averages:
• The current price (184.70) is holding firmly above all the moving averages.
• MA7 (178.66), MA25 (177.06), and MA99 (173.07) form a perfect bullish alignment, with all three averages trending upward and spreading apart.
• In particular, MA99, which represents the medium- to long-term trend, has been firmly pushed below by the bulls and has become strong support. This moving-average pattern is a classic “follow the trend and stay bullish” signal. $QCOM
$SPY
This is the key highlight of today's market. Take a look at the moving averages:
• The current price (184.70) is holding firmly above all the moving averages.
• MA7 (178.66), MA25 (177.06), and MA99 (173.07) form a perfect bullish alignment, with all three averages trending upward and spreading apart.
• In particular, MA99, which represents the medium- to long-term trend, has been firmly pushed below by the bulls and has become strong support. This moving-average pattern is a classic “follow the trend and stay bullish” signal. $QCOM
$SPY
