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Post# of 90887
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AcousticHockey

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AcousticHockey

Re: L-Back post# 1694

Wednesday, 10/20/2010 2:57:48 PM

Wednesday, October 20, 2010 2:57:48 PM

Post# of 90887
ADX

+DI (Green Line) indicates the overall strength of the buying trend of a particular stock

-DI (Red Line) indicates the overall strength of the selling trend of a particular stock

ADX = Average overall strength of the trend of the stock


Ideally, if you want the stock to go up, you want the +DI to head up and the -DI to head down. Usually a +DI cross to the bullish side inticates a very strong move and gives support to the bullish move going on. Visa versa for the -DI cross to the bear side.



For Great DD & Chart Analysis check out my board:

Researched & Organized Stock Picks
http://investorshub.advfn.com/boards/board.aspx?board_id=18191

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