So, what is a Potato? Our potato is a sweet potato, and these come in all shapes and sizes but are generally fusiform in shape. The potato we are talking about is the space created between the 10 Day Moving Average as it crosses the 30 Day Moving Average either to the upside or downside thereby generating a Bull Potato or Bear Potato. Potatoes can be seen in all time frames and are useful in determining trends in the market and especially reversal in direction. They won't show exactly where the market is going, but when you follow tracks in the snow you get the general idea of the direction in which they are headed. Using the MACD in conjunction with the Moving Averages may help in making trading decisions. Of course there are many other indicators that can help as well. The week ahead will be exciting and you never know what will happen. Isn't this fun!The Alpha Trends Blog has been added to the Blog List to the right as it is very informative and well done. Check it out!
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