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Strategies & Market Trends : STO AV/DB Workshop
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To: SGJ who wrote (59)5/23/2012 5:20:39 PM
From: SGJ  Read Replies (1) of 93
 
SPX: All the under 60 time charts are bullish. The 60 min gave a very accurate PPO buy signal at the close, just barely at .004. There is an ADX and MACD positive cross, although the MACD is not above zero yet, but close. The RSI is above 50 at 54.98. PPO hit. Long 50%. Daily: You've got to love that hammer. Weekly: Still a chance for RSI AV, its turning up and now at 47.78. Should that occur, this rally is going to go far for awhile.
Note: Actually long 50% from Cheif's buy market if touched 1297. All the above is confirmation. Will go 100% long on 9 day MA cross up over 13, 15, and 20 MA's on the 60 min.

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