Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: xcr600 who wrote (28117)	9/12/2000 4:16:50 AM
From: Johnny Canuck	Read Replies (1) of 68216

X, The primary signal is the DMI and ADX signals with confirmation by the MACD at an historical oversold level . There is a time component that is difficult to explain. The acceleration in volume as intra-day support and resistance is test is also an element. siliconinvestor.com This system works better with the SP500, but it appears to work on the COMPX under extreme conditions. Like most systems it has it flaws, but just being system limits losses for most people.

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