Explains why SMA is lagging indicator; price action more important; waiting for 83k breakout, staying active trading.

Right and the reason i'm bringing up the sma right this is not something that I typically use But there are lots of big accounts Who use sma's as terms of confirmation then kowen is one of them I know lots of people who say hey once we're over the 10 sma You have a trend change 50 sma is this the 200 day moving average they use all these moving averages right I don't really use these And the only reason I showed you this is to show you that while the sma Can be a great indicator. It's generally lagging price action itself The weekly structure shifted here the sma didn't happen for four weeks later The weekly structure broke here the sma didn't break for four two weeks later. So if we get a weekly structure break here That's going to line right up with the sma It's just kind of more double confirmation, but I think ultimately the most important thing remains to be price action So From a high time frame. Yes, we're still into resistance. We're in this area of interest. I want to see us break through 83k That's my level this high But i'm not going to just sit on the sidelines and do nothing You know