Replies to post #4447 on MDA - Market Direction Analysis (MDA)

[augieboo]

Thanks. If nothing else I thought the color scheme was rather nice on this one. I'm always trying to out-do Gottfried in that department you know. {G}


MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
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[augieboo]

Home-Made Indicator Charts & Analysis:

[1] The % Above/Below 50SMA has rolled completely.



[2] In addition, my smoothed % Above/Below 50 SMA gave a sell signal and shows that the longer trend is definitely down.



[3] My short, medium, and long term momentum indicators all show sell signals, but all show signs of curling up, indicating a whipsaw is possible.

[4] My Short Term Bottom/Top Finder has spiked into the "ST Bottom Approaching" range:



I went flat as of the close yesterday except for one small energy play which has been consolidating for several days and looks like it might break out.

I expect to go heavily into USPIX this coming week, depending on circumstances, etc.


MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
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