HOW TO APPROACH KEY HIGH IMPACT NEWS
- NFP Week
- FOMC Press Conference
- CPI
Quick Guide on how to handle the most volatile economic releases.
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Moving Average road map:
5 day EMA - Strong Momentum
10 day EMA - Short-Term Swings
20 day EMA - Pullback Support
50 day SMA - Uptrend Defense Line
100 day SMA - Big Price Dip
200 day SMA - Bull’s Last Stand in an uptrend, bears last stand in a downtrend
250 day SMA - Value zone
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Setting up for an a massive weekly breakout
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