[00:02] average to supercharge your trading strategy firstly it helps us identify the market Trend just take a look at this chart when the market trades above the 50 SMA it's a clear sign of an upward Trend conversely if it's trading
[00:17] below that indicates a downtrend secondly the 50 SMA acts as downtrend secondly the 50 SMA acts as Dynamic support and resistance see this chart when the market is above the 50 SMA it's a bullish signal prices tend to
[00:31] bounce off it making it a robust support level similarly in a downtrend the 50 SMA acts as a resistance pushing prices down lastly the 50 SMA serves as a
[00:45] reversal indicator check out this chart showing a strong uptrend how do we know it might reverse the breakout below the 50 SMA signals a potential downtrend ahead if you want to learn more download your ebook