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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Matt G. who wrote (21408)9/17/1998 12:30:00 PM
From: Mr. E2u  Read Replies (1) of 79429
 
Matt
I'm not sure if you're serious or not. Do you have the software and historical data to do that? If so I'm looking for a MACD bullish or bearish divergence. An example would be COMS if you take a look at the MACD you will see that a few weeks ago the Macd came up from a third more shallow bottom as the price fell to a new low (or very close to it).

This was actually a triple convergence showing that the bears were/are getting tired and the bulls would probably be taking over. It's one of the most powerful TA indicators. Check out this link

askresearch.com

Thanks

Brad
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