clx stuff Message Board - Msg: 34815406

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : clx stuff

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

SGJ

toccodolce

To: SGJ who wrote (102)	9/9/2024 12:10:49 PM
From: WEagle	2 Recommendations Read Replies (2) of 3374

Joann, who was a contributor to Chrystal Ball Forum and SI for years before her death a couple of years ago, did some great TA work with CLX. I'm sorry but I don't remember her last name. I only knew her for a few months before her death. The Mojo was her invention. When the CLX EMA(35 day) is higher than the CLXpp SMA(30 day) the Mojo is in the GREEN meaning the market is still positioned to move up. When the CLX EMA(35) is below the CLXpp SMA(30) then the Mojo is in the RED indicating a cautionary stance should be taken. Hawkman has plotted these two moving averages and a third curve which is the CLX EMA(35) - CLXpp SMA(30). When that curve goes above zero then the CLX EMA(35) is above the CLXpp SMA(30), so the Mojo is GREEN. When that curve drops below zero, the CLX EMA(35) is below the CLXpp SMA(30) and the Mojo is RED. Recently the Mojo has been lagging the market. It usually lags but not as much as in the last month or so. Historically it seem to be a pretty good indicator but I don't think it is one that you can use without others to determine buy and sell points. WEagle

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next