5 Day MA and Trendlines

The markets are struggling to hold up above the rising 5 day moving averages and above the trendlines from the gap higher on March 10. Failure of the trendlines could lead to a quicker, more sever selloff down towards the VWAPs since the rally began (purple line).


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  • Brian Shannon

    Brian Shannon is a full time trader (with 17 years of experience), educator and author of the highly regarded book Technical Analysis Using Multiple... More »

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