InvestorsHub Logo
icon url

rattlewatch

11/13/12 10:03 AM

#5994 RE: stocktrader1 #5993

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.