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200 day MA

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On my charts the FTSE the DAX and the JSE alsi are now all trading above their 200 day moving averages. IMO very bullish if they manage to stay there, but also a good chance of dropping sharply if they don't.
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Hennie's day trading guru Oscar talks about the first breakout above 200 day MA is always a false breakout, pullback and then the real one.
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