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S&P 500
5,447.87
(
0.00%
)
US TECH 100
19,050.40
(
0.49%
)
Dow Jones
39,411.21
(
0.00%
)
Brent Oil
84.99
(
-0.33%
)
Bitcoin
61,210.25
(
1.57%
)
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Torqputty

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Torqputty

Re: zigzagman post# 16452

Monday, 02/09/2009 2:44:46 PM

Monday, February 09, 2009 2:44:46 PM

Post# of 31925
The MACD on the daily charts are Overbought or near Overbought. The next most likely direction is to stay overbought or Down depending on market mood. It is my assumption that since we are in a Bear market; it would take an Act of Congress to keep the MACD in overbought territory.

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