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lowtrade

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lowtrade

Re: BoomTime post# 1111

Monday, 04/18/2005 5:30:26 PM

Monday, April 18, 2005 5:30:26 PM

Post# of 44374
Boom ADD on Fashion

Fashion
I don't remember the ADX cross from below was GOOD, should have said it shows a good indicator that the trend reversal, would be stronger. If the reversal is to the downd side (DMI- crossing DMI+) then the down trend is confirmed and should be stronger because it came from a low position.

Boom
You are using a very long term chart for DMI. Yes very long term, on that chart, ADX is showing confirmation of a down trend which occured several days before with DMI- crossing DMI+ showing the down trend start!

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Success !!! http://www.investorshub.com/boards/board.asp?board_id=3972 Welcome to my mind!

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