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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (7115)12/10/2000 1:33:59 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Divergences...
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Sometimes you can spot a trend reversal when a stock indicator is saying something different than the stock price... A look at this NDX chart shows that the November 30th price low was not confirmed by the MACD indictors... There were times when the MACD indicator was lower while the prices were higher...
bigcharts.com

This non confirmation of the NDX price low suggests that we've seen the bottom... Let's wave Bye, Bye... : >

Jim