This indicator shows 14-days moving average of daily rate of change (momentum, acceleration), in other words:
- up trends means that virus accelerates at the rate displayed on the right scale
- consolidation/horizontal movement - virus spreads at constant rate
- down trend - virus looses momentum IMPORTANT: the virus STILL accelerates but at a lower rate
Simple Moving Average strategy for USO - United States Oil Fund . This strategy can be used on stocks and currencies but will need to tweak frequency on chart and backtest Max Draw Down to Net Profit ratios for maximum dollar gains.