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SPX MACD cross - missed it by that much


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#1 gm_general

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Posted 08 May 2020 - 11:39 AM

I usually look at the things on MACD trends I developed so far, but absent any clear knowledge of where the new trend's resistance is I look at other stuff such as MACD cross. And we were headed for a cross under. The last one was at the start of the crash. The cross over that followed was just after the index turn. But we came within a hair of crossing under now and whoops! Missed it! This kind of mirrors the sentiment I read here.



#2 slupert

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Posted 08 May 2020 - 11:46 AM

I usually look at the things on MACD trends I developed so far, but absent any clear knowledge of where the new trend's resistance is I look at other stuff such as MACD cross. And we were headed for a cross under. The last one was at the start of the crash. The cross over that followed was just after the index turn. But we came within a hair of crossing under now and whoops! Missed it! This kind of mirrors the sentiment I read here.

Correlate it with volume



#3 slupert

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Posted 08 May 2020 - 12:05 PM

I usually look at the things on MACD trends I developed so far, but absent any clear knowledge of where the new trend's resistance is I look at other stuff such as MACD cross. And we were headed for a cross under. The last one was at the start of the crash. The cross over that followed was just after the index turn. But we came within a hair of crossing under now and whoops! Missed it! This kind of mirrors the sentiment I read here.

 Check this out, see the same bearish formation  3 times on q's  in April and now May, jam the futures sell in to it in an orderly fashion until it eventually collapses. (JMHO)  http://schrts.co/BgaqukKt



#4 CLK

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Posted 08 May 2020 - 12:53 PM

Have you looked back at other big corrections like the 2018 Fall?

The rebound and then the cross back down was uneventful, MACD

crosses only mater according to context.



#5 andr99

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Posted 08 May 2020 - 01:56 PM

I' m a macd supporter too....daily and weekly


forever and only a V-E-N-E-T-K-E-N - langbard