RE: Beginners Questions
Hi,
I'm having trouble making sense of when the bigger picture trumps the small one, so to speak.
Basically, to my eyes the S&P 500 is topping out and so I'd be cautious about putting money into the market. However, the 30-week MA or 10-Month MA are still rising, so technically (as I understand it), you'd start looking at viable sectors to mine down further towards possible shares to play with.
So, the question is...when the chart seems to say one thing but the MA says something else, which one do you follow?
Thanks,
Sartois