U.F.O.
The Fast Indicators Went Long
Started by
U.F.O.
, Feb 01 2007 10:38 PM
1 reply to this topic
#1
U.F.O.
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U.F.O.
Posted 01 February 2007 - 10:38 PM
Their crossing over long would cement the bullish case, but so far several "big" ones are still on the cusp. CCI and MACD are both very widely followed indicators for those who use standard charting tools. CCI is an up day away from a bullish cross with MACD following closely behind. These indicators executing a buy signal will bring in mega new buy orders to the market, signals for the masses. Something to keep in mind. Another of my (more exotic) favorites is composite Binary Waves. Any uptick takes it to a buy signal. Lastly, the DE/AD Q's surged higher today. It wouldn't surprise me to see another tooth to the bear trap tomorrow or Monday with a quick plunge to attract some fresh short sell money. Don't be fooled, however. This market has a "last breath left" to the upside, at the least. (4 charts)
U.F.O.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
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~Benjamin Franklin~
#2
bobalou
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Posted 02 February 2007 - 04:42 AM
http://forums.techni...618?forum=11515
please, stop by and beat up my bs.the charts are not as good as your's ,but, it was the best I could do when you were gone,and it's easy to post.for this old dog,that's good.I work the charts any way.I love it when we tag team them.
Now, the doted line on the DE/AD (2150,I know),could take us to fill the gap,but this dog is running out of gas.day trading is the most I will play.did you check out the QID's,it moves better then the Q's w/ good vol. ,it works out very nicely.if you like it I'll give you some #,s to look at,post a chart w/ my lines..
please, stop by and beat up my bs.the charts are not as good as your's ,but, it was the best I could do when you were gone,and it's easy to post.for this old dog,that's good.I work the charts any way.I love it when we tag team them.
Now, the doted line on the DE/AD (2150,I know),could take us to fill the gap,but this dog is running out of gas.day trading is the most I will play.did you check out the QID's,it moves better then the Q's w/ good vol. ,it works out very nicely.if you like it I'll give you some #,s to look at,post a chart w/ my lines..
