December is turning green. If we look at the current development, we should close green at the end of december. i show you the whole year. the months show the open and close and are accordingly green or red. you can see the development quite well. you also see the vma. i think that we will reach the vma62 (8800 / 8900) by the end of the year. Variable Moving Average is an exponential moving average . VMA automatically adjusts its smoothing constant based on market volatility.
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Let's see what happens. Happy trading. :-)
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near target. two weeks later as expected. when resistance breaks much more up possible. ...
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vma62 target area reached. be watchful. we are at a decision point.
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vma target reached... lets see if it will break.
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first target reached. lets see if break resistance.