At Master Trader, moving averages are used as "Visual Aids" to speed our analysis. Distance, Slope and Position are moving average key concepts.

The above chart is an example from the Advisory Swing and Options Trader Letter.   

We review and update the Dow Jones daily chart each week with MTS concepts to continuously educate subscribers to make those trading concepts second nature. 

The updated chart also updates subscribers what the prevailing trend is and when it begins to change or has changed.

Each letter also provides out Top-Down market analysis of the broader markets, sectors, market internals, inter-market analysis and trading opportunities for the coming weeks. Of course, past trades are updated with videos and text. Intra-day, text messages are sent and video updates.

We have been pointing out the increasing extension between the 200- and 50-MAs to display the growing risk of a correction, which is now underway.

The M-Top and confirming bearish -WRB that formed the prior week virtually guaranteed lower prices.

Last week, the Dow closed below multiple Pivot Lows (PLs) and the 50-MA.

The Dow has entered into the Void of price support and, while we wish prices would fall immediately to the Major Support (MS) below in the 37,200 area, that typically doesn't happen so fast.

As that correction unfolds, the 20-MA will move below the 50-MA, and those moving averages will move lower, and the 200-MA higher as the moving averages come closer together.

Times of correction are when new and old investors and traders don't adhere to stops or get caught in a negative surprise and do not manage them properly, resulting in them being taken out of the markets.

Don't let that be you.