The price line is above the average price line, and the average price line is sloping upwards. In this case, the focus for the day should be on going long. Every time the price line retraces near the average price line, it presents an opportunity for investors to go long. It is important to remember that if the price line is above the average price line, then even if the average price line is flat, it does not indicate a strong market for the day. If the average price line is sloping upwards and the price line is above the average price line, then one can judge that the market for the day is relatively strong and in an upward trend.
