Here’s The Problem With 50-Day Moving Averages

08/18/15 05:20PM EDT

http://youtu.be/m8_9np5bCak

After reviewing his risk ranges for INDA (the India ETF which probably faked-out chart chasers), Hedgeye CEO Keith McCullough voices his distaste for 50-day moving averages ("the moving monkey," as he affectionately calls them).

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