MDA - Market Direction Analysis Message Board

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.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jjs_ynot who wrote (16163)	6/6/1999 10:03:00 AM
From: Les H	Read Replies (1) of 99985

>>> 3) I have not found stochastics and MACD to be strongly correlated. <<< As always, it depends on the parameters one selects for these indicators. I typically find that the Wilder RSI and Stochastics fire off first then a few days later the MACD crossovers occur if there are follow-throughs. There were a large number of Wilder RSI and Stochastics buy signals triggered on Tuesday's rally, about 25-30% of stocks. Thursday and Friday had a large number of MACD's, about 20%. The Transportation-Airline industry group had a simultaneous Stochastic and MACD crossover on Friday --- many of the stocks in that group had also.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next