AI
Tuesday, November 13, 2012 10:03:49 AM
Just my guess if it happens.The overall daily has the Black adx moving up with the -DI which usually indicates a sustained down move,but is currently oversold.If the adx was moving up with the green +DI it would indicate a sustained move up like in early Sept.
The hourly macd did cross positive yesterday with little results on a light holiday schedule,todays starting out flat .Will see how it plays out.Would go day by day if i were in,this could be the end of the downmove ,who knows, as the daily Macd has been negative its signal since end of Oct.
The hourly macd did cross positive yesterday with little results on a light holiday schedule,todays starting out flat .Will see how it plays out.Would go day by day if i were in,this could be the end of the downmove ,who knows, as the daily Macd has been negative its signal since end of Oct.
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