img-7-xlf-oversold.jpg

Nothing goes straight up or straight down forever. Eventually, stocks and markets revert back to their mean. It’s better to be entering a trade when the price is closer to the 21-day EMA rather than far away from it.

This entry was posted on Monday, July 21st, 2008 at 6:04 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.