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mattchew

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mattchew

Re: Arnold25764 post# 6930

Friday, 12/12/2008 12:57:13 AM

Friday, December 12, 2008 12:57:13 AM

Post# of 13617
Also known as the DIRECTIONAL MOVEMENT INDICATOR. ADX or DMI is a measure of where the direction of the price of the stock.
Green going up and red going down is good to the price of the stock, and vs versa, the black line you can look at as an overall trend line, above green bearish, below green and both moving up would be strong bullish, unless I have had too muck to drink tonight?

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