Trading System often hate sentiments…. All it know is simply Buy/Sell Signals.
And today NMA Swing trading system ends with a sell signal in sensex.
In earlier post we had seen that 15,400 could act as a support zone from
Twiggs Money Flow Update for Sensex – 30 Aug 2009
Will 15400 will be removed on downside?
NMA is good Buy/Sell Trend indicator. It works good and produce better results
if there is a perfect trend. And works worst in a sideways trend.