What do you mean, @pejmanda? Do you mean 24-day Moving Average on the daily chart? Or something different?
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What do you mean, @pejmanda? Do you mean 24-day Moving Average on the daily chart? Or something different?
sorry my mistake, I mistaken it with forex market, it has two day off each week so they use 24 MA for monthly
Everything is fine! Btw, @pejmanda, I like your question. When I read your question I immediately understood that you know what Moving Averages are :). Few people understand the economic logic behind the MAs. Many traders use these MAs for years, even without understanding what they represent. So, I was very happy when I saw your question.