MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Debra Orlow who wrote (949)	12/8/1998 5:45:00 PM
From: HighTech	Read Replies (3) of 99985

I must not know how to read MACD but the chart you present shows a buy signal. The histogram has been on an upswing (as has CSCO's price) and it just crossed the -0- line, ie a buy signal. Doesn't divergence occur when price is rising and the trend of the histogram is falling? Help, I'm confused. HiTech

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