U.F.O.
$SPX Weekly MACD
Started by
U.F.O.
, Dec 30 2008 08:43 PM
4 replies to this topic
#1
U.F.O.
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U.F.O.
Posted 30 December 2008 - 08:43 PM
The 1st one since April of 2008. (2 charts)
U.F.O.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#2
pedro
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Posted 30 December 2008 - 08:52 PM
if it holds thru Friday close ....
#3
U.F.O.
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U.F.O.
Posted 30 December 2008 - 09:06 PM
That's the key. If this week ends up as a red candle the cross will likely fail. That's what happened in late Aug. This week stays positive it's very bullish, at least for the ST/IT. (1 chart)
U.F.O.
The late Aug. MACD weekly failure
U.F.O.
The late Aug. MACD weekly failure
Edited by U.F.O., 30 December 2008 - 09:08 PM.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#4
pdx5
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I want return OF my money more than return ON my money
Posted 31 December 2008 - 02:10 AM
Nice work UFO
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#5
eminimee
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I don't care who's fur is flying...
Posted 31 December 2008 - 07:31 AM
no bias..just a chart
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=1&mn=4&dy=13&i=p47904872846&a=109189416&r=9938.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=1&mn=4&dy=13&i=p47904872846&a=109189416&r=9938.png
