Wow .. IHSC .. Nice observations.
I was not expecting such an in depth view. I wouldn't dare correct you. I was tossing it out for your perusal. But since you went above and beyond ... Here's my view.
This Weekly MACD .. it's saying ... More Up ... I think that 20WMA is ready to Cross the 50WMA. A Bottom started to show itself when the Red Aroon started off the 100.
stockcharts.com[w,a]wacayiay[dd][pb50!c20!f][vc60][iut!Ua12,26,9!Uv25]&pref=G
On the Daily .. the Red Aroon started off the Top /// From the 100 mark on June 27th and the MACD Histogram agreed same day. MACD Crossover last Wed/Thurs. It took out it's Recent Hi Pivots on Monday. And today it took out this weeks candle bodies on the close. Monday was also the day the Aroon Red and Green lines made the Cross over to signal a change of Trend From Sideways to Up.
Now the Green Up Line is Pegged at 100.
stockcharts.com[w,a]dacayiay[db][pb50!c20!f][vc60][iut!Ua12,26,9!Uv25]&pref=G
There's also a 50ma X 100ma Crossover.
stockcharts.com[w,a]dacayiay[db][pb50!c100!f][vc60][iut!Ua12,26,9!Uv25]&pref=G
The 50dma Crossed over the 200dma last Thurs / Fri.
stockcharts.com[w,a]dacayiay[db][pb50!c200!f][vc60][iut!Ua12,26,9!Uv25]&pref=G
When all the above info is combined .. it says .. the Trend is strong. Last Piece of the Trend is the 100 over the 200. It's still below .. at the moment.
stockcharts.com[w,a]dacayiay[db][pb100!c200!f][vc60][iut!Ua12,26,9!Uv25]&pref=G
Here's a Cary Chart .. I'd call this one Riding the Bol.
stockcharts.com[w,a]dacayiay[dc][pd20,2!b50!f][vc60][iut!Ua12,26,9!Uv25]&pref=G
I think MC would call One of these Crossovers a Golden Cross .. but .. I wouldn't know which one. :) Maybe he will Share which one he uses as a Golden Cross?
Happy Weekend!
Ray |
