Will the Indexes Reclaim the Daily 50 SMA

2023-09-12 / Chris Brecher

Loading the player...

Many indexes are close to their 50 SMA. Many times, if a few indexes decisively break above or below the 50 SMA, the other indexes follow.

Thanks for watching! If you found value in Chris’s video, check out our Live Options Trading Room. Our expert traders perform top notch technical analysis, and take real trades, in real time. Don’t miss out on our 30-day trial for only $7! Sign up here.

Chris Brecher

After 8 successful years on the Chicago Board Options Exchange floor, Chris Brecher realized that electronic trading was making more money than floor trading. He left the floor to work for a NYC day trading firm. While Chris was both opening offices and training the traders, he still managed to be in the top 5 out of 800 traders for all 9 years he was with the firm. When the firm was taken over in 2003, he decided to trade from home. Since 2003, Chris has traded on his own, opened his own trading educational site, and worked as a content provider for Simpler Trading.

That's as far as you can go!