BULLISHBEAR

INTERMEDIATE · CHAPTER 02

Moving Averages

The learner can explain what a moving average does, compare SMA and EMA, choose a period for responsiveness, read slope and price relationship, treat crossovers as lagging evidence rather than triggers, anticipate whipsaws, use averages as dynamic reference areas rather than guarantees, and keep moving averages subordinate to price structure and timeframe.

15 teaching sectionsExamples and misconceptionsInteractive version available