Weekly Market Commentary

As I often discuss in my weekly newsletter EPIC Insights, I prefer simple technical patterns such as trendlines and moving averages over elaborate systems.

As I often discuss in my weekly newsletter EPIC Insights, I prefer simple technical patterns such as trendlines and moving averages over elaborate systems. By examining clear price points, I can dedicate more time to forecasting than interpretation.
When using moving averages (MA) to forecast the future, we often look for ways in which time series relate to one another. A popular technique is the double crossover method, which
involves watching two different MAs. When the shorter time period crosses over the longer time period, it indicates a reversal is occurring and investors should alter their approach.
For example, consider the current status of the Dow Jones Industrial Average (Dow).

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