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Strategies & Market Trends : Technical Analysis - Beginners

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To: Loren who wrote (7822)	1/17/1998 1:02:00 AM
From: The Perfect Hedge	Read Replies (1) of 12039

Loren- I am trading the heck out of EVI and also taing it. I don't know if I understand your post. are you saying that in nov and Dec MACD was moving in the opposite direction as price and that now the macd and price are moving the same? Also,are you saying EVI has just set lower lows and MACD set higher lows?Which would indicate that selling pressure is declining? This stuff can get confusing. I'd also like to point out that other indicators like rsi,mom,and stochs set higher lows while price set lower lows. TIA.GD

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