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Pete Stolcers | OneOption Profile picture
Pete Stolcers | OneOption
@1OptionsTrading
Trading is my passion and after 30 years I still can't wait for the opening bell to ring. Join OneOption 14 day free trial 👇
Jul 28 • 10 tweets • 2 min read
Think moving averages are just lines on a chart? Wrong.

They reveal the truth about support, resistance, and breakout strength.

Here's how to read them like a pro 👇 [THREAD] $SPY Image Major moving averages (MAs) matter because traders use them.

That attention gives them power.

On daily charts, the 50D, 100D, and 200D MAs act like magnets, and battle lines, as support and resistance.