Interesting, the difference between the 12,26,9 MACD and the 4,12,9 MACD. One of the nice things about StockCharts is the ability to vary the settings on the indicators. Do you ever use "quicker" MACDs in place of stochastics?
I am still pursuing acquirement of some skill in this area. But the white candle would usually tell me some bottom coupled with a crossing of slow stoch. However from FA I believe this was artificially affected by Fidays forced action.(Angel comment) Therefore I believe a drift sideways with a downward bias.