The purpose of the 600SMA trading strategy is to identify potential trend reversals or continuations in the financial markets. By using the 600-day Simple Moving Average (SMA) as a reference point, this strategy aims to capture significant price movements and take advantage of potential trading opportunities. The 600SMA can act as a support or resistance level, helping traders determine the overall trend direction and make informed trading decisions. This strategy is particularly useful for long-term traders who are looking to identify significant market trends and ride them for extended periods.

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