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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: 4rthofjuly007 who wrote (507)	5/17/2002 2:53:31 PM
From: byhiselo	Read Replies (1) \| Respond to of 30712

its generally a lagging indicator for the shorter time frames, i follow it mostly at the weekly for a good trend indicator, you want the ADX to be below both +/- DI and then trade in the direction of the rising DI (ADX will follow) take a look at ADX weekly on NDX/COMPX/SPX to see what i mean fwiw, implies more downside imo cheers

To: 4rthofjuly007 who wrote (507)	5/17/2002 2:57:48 PM
From: h8_2_b_l8	Read Replies (1) \| Respond to of 30712

4th, I watch them but notice they can be skewed through gaps. +/- DI crossover's usually show "who's in charge", and according to the charts the buyers are in charge as of the big gap up a couple of days ago. stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!Ll14]&pref=G The thing I'm keeping in mind is that the indicator gave the crossover signal because of the gaps and gave a false signal since the multiple gap-up's don't create "real" buying from one level to another, only sustained buying at a particular level. Your random gap I would consider normal but the excessive amount of gaps we have had lately I would consider an anomaly. I would compare this +/- DI crossover with that of March with the gap island reversal.