Thursday, February 16, 2006 2:27:50 PM
Next Play, macd trend
The price has crossed the red-line (symmetrical). And i do not like it. It goes against my downside sentiment. However, (it is.. what it is). So,regardless of what i "feel", the line has been crossed. And to be fair, i drew the lines with red candles only.
Look for a full body candle above the trend line at the close. Full body below the line and I will *NOT* long. Stoch is kinda weak looking, but up is the direction. And of-course, macd cross-over to follow. Also i included a link to macd histos. (60,130,45) will be the clicher. I am cautious going up.
preliminary upside numbers for Q's is $42, S&P 1185
QQQQ histos
http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&yr=0&mn=3&dy=0&id=p64351538031
Q's Daily chart
The price has crossed the red-line (symmetrical). And i do not like it. It goes against my downside sentiment. However, (it is.. what it is). So,regardless of what i "feel", the line has been crossed. And to be fair, i drew the lines with red candles only.
Look for a full body candle above the trend line at the close. Full body below the line and I will *NOT* long. Stoch is kinda weak looking, but up is the direction. And of-course, macd cross-over to follow. Also i included a link to macd histos. (60,130,45) will be the clicher. I am cautious going up.
preliminary upside numbers for Q's is $42, S&P 1185
QQQQ histos
http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&yr=0&mn=3&dy=0&id=p64351538031
Q's Daily chart
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
