Alex Trias

Don't Let Moving Averages Distract You

Side notes: (1) I think a good title for this article might have been "Don't let the moving averages DISTRACT you." (2) I generally use an exchange traded fund when I track technical developments, rather than the fund's underlying index. My reasoning is that nobody trades an index, they trade securities (like ETFs). However, I note that an ETF may not correspond directly to its' underlying index - things get complicated by dividends, performance lag, and so forth. I'd welcome any comments on my methodology from interested readers.