Golden cross of price trend?

DRAM marketers are anxiety to have some tools to trace the reversing point of spot price to predict the price trend better. DRAMeXchange offers DRAM Price Indicator (DPI) as tools to trace the trend for you.

Figure 1: Moving average graphic of SDRAM 128Mb (16Mx8)

As tracing the major item SDRAM 128Mb (16Mx8) from DPI, we found that it just had crossover the golden cross point of 30 days moving average for a short period of time from May 14th. It could be the turning point if price keeps up and doesn't go down to dead cross again, then uptrend for this item will be firm. However we see the ceil price from last wave's high, 2.31 (May 15th), if there is no strong supporting at price it will be hard to rise the price up too much.

From March 12th, the daily average crossed the 30 days moving average - dead cross, the price hardly rebounded over the green line (30 days moving average). It's not until Jun. 4th, the first day of Computex, price rebounded for two days, the first crossover showed on the graphic. But it wasn't strong enough to continue the trend. Hope this time we can pass over and firm up the uptrend.

And so far this is the only item we found the crossover the golden cross point, the other items are still working on it.