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Re: gloe post# 34280

Sunday, 10/08/2006 12:11:03 PM

Sunday, October 08, 2006 12:11:03 PM

Post# of 79025
If you look at my charts, you will see on every timeframe I use 65,90,12 MACD settings..I have used thoses for years..That is what I refer to when I say long term MACD or HISTO..For example on a 60 min chart, if price has been run up and the long term histo or macd is still below zero and then price reverses, it will not be a very big down move because the MACD wants to move back above zero and that is a divergent..It really shows up well on Askresearch charts..Here is a good example of how you could have caught most of the last two big moves..
<img src="http://stockcharts.com/c-sc/sc?s=QQQQ&p=D&yr=0&mn=8&dy=0&i=p05259946816&a=57...

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