Technical Analysis With Charts Message Board

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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	1/8/2006 4:13:38 PM
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DEFINITION OF MAGNETIC 65 stockcharts.com[g,a]dacayyay[df][pd65,2][vc60][iUb14!La12,26,9!Lc20][J62320083,Y]&pref=G Magnetic 65 is what I am calling a special setting of the bollinger band indicator where the 65 day moving average is the center line and acts as a magnet where price never gets more that a predetermined distance from the 65 day moving average before in saps back like a magnet. The 65 day moving averages acts like support in a bull moves and resistance in a bear moves. Extreme Macd and RSI readings give signals with Jack Chan type Macd crossings combined with trendline breaks.

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