
David Elliott – MAP (Moving Average Patterns)
Predictable price behaviors occur around the four major moving averages.
On May 26th, 1896 Charles Dow introduced the industrial average, the Dow Jones 30. Since then there has been a repeatable and predictable price behavior pattern around the four major moving averages and this index. We do away with moving average crossovers, and switch to using a behavioral price pattern to find entry and exit prices, while investing in stock, futures, and indexes on all time periods.
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