SPYvsGME

Chikou Span (Lagging Span)

Education
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend line of 26 periods behind the latest closing price

  • Crossing with prior prices confirms trend change
  • When price and Chikou span cross frequently indicates choppiness and not reliable
  • Visualize the relationship between current and prior trends, as well as spot potential trend reversals.
  • Upward trend when the Chikou above the price
  • Downward when the Chikou below the price

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