Moving Averages pt.2

Moving averages can indicate decision. For example, the graph below contains the 200 simple moving average. Initially, it veers downwards, but then there is a strong shift upwards, indicating decision and momentum. We can see though that the majority of the movement in price took place before the 200 SMA significantly moved. 

200 SMA

Moving averages can also demonstrate indecision. The graph below contains 200 SMA (white), 30 (yellow) and 60 (blue) EMA. We can see that there had been momentum in the market as demonstrated by the trending 200 SMA, but then all the moving averages meet and cross each other numerous times, indicating that the price lacks direction and momentum.

Indecision EMA