My modified Guppy chart shows 12 exponential moving averages and a one period simple average (dotted) that represents the current close. A RWB up-trend has all six shorter averages (red) rising above the longer averages (blue) with a white space separating them. A BWR down-trend is the opposite pattern. AAPL has been in a daily BWR decline most of the time since early March. Compare NVDA to AAPL The purple dots show the lows of each day. Note in a RWB up-trend the blue dots are rarely below the red lines. I love the Guppies and I do not kill or eat fish. The Australian technical analyst Daryl Guppy created the original Guppy charts.
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