{"id":277515,"date":"2010-02-04T13:14:09","date_gmt":"2010-02-04T18:14:09","guid":{"rendered":"http:\/\/www.businessinsider.com\/okay-okay-technical-analysis-works-great-and-this-chart-proves-it-2010-2"},"modified":"2010-02-04T13:14:09","modified_gmt":"2010-02-04T18:14:09","slug":"okay-okay-technical-analysis-works-great-and-this-chart-proves-it","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/277515","title":{"rendered":"Okay, Okay, Technical Analysis Works Great And This Chart Proves It"},"content":{"rendered":"<p><a href=\"http:\/\/www.businessinsider.com\/did-the-stock-market-just-kill-technical-analysis-and-moving-averages-2010-2\">The other day<\/a> when the market was rallying, we posted an S&amp;P 500 chart, and gently mocked technical traders, wondering how could stocks be going up, even though we had just crashed through the 50-day moving average.<\/p>\n<p>Well, now we&#8217;re really setting a selloff, and it seems we&#8217;re breaking decidedly below the 50 day moving average in a way we haven&#8217;t seen before.<\/p>\n<p>So, technical traders, you&#8217;re right! This chart proves it.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b6b0e380000000000beff42\/technical.png\" border=\"0\" alt=\"technical\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/okay-okay-technical-analysis-works-great-and-this-chart-proves-it-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/did-the-stock-market-just-kill-technical-analysis-and-moving-averages-2010-2\">Did The Stock Market Finally Kill Technical Analysis And Moving Averages Once And For All?<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/NlXuTUdYte4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The other day when the market was rallying, we posted an S&amp;P 500 chart, and gently mocked technical traders, wondering how could stocks be going up, even though we had just crashed through the 50-day moving average. Well, now we&#8217;re really setting a selloff, and it seems we&#8217;re breaking decidedly below the 50 day moving [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-277515","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/277515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=277515"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/277515\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=277515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=277515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=277515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}