Tuesday, January 17, 2006 12:42:09 AM
I agree, it looks like a candle half the size of "yesterdays" will give me this crossover but I will still require the indicators to agree (RSI, MACD, ADX). I am looking at the MA50 resistance just above the MA20 and this is another factor to consider also.
The ADX looks great already.
The RSI definitely looks poised.
The MACD is my big concern because of my belief of its relationship with the MA50.
Here is the chart so you can see what I am seeing.
The ADX looks great already.
The RSI definitely looks poised.
The MACD is my big concern because of my belief of its relationship with the MA50.
Here is the chart so you can see what I am seeing.
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