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The_Pro

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The_Pro

Re: TSRAYS post# 5877

Friday, 10/01/2010 10:18:28 PM

Friday, October 01, 2010 10:18:28 PM

Post# of 35087
Per Scottrade Advance Charts:

MACD
The MACD for USOG currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9hour moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.

Trend reversal clearly in place.
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