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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (41531)	12/9/2012 9:27:17 PM
From: Vendit™	Read Replies (1) \| Respond to of 222462

Based on your instructions the chart below of the $SPX shows a fairly close corolation between Moving Average Convergence and Andrew's Fork trend direction in weekly time-frames. That means that I can eliminate one or the other (the fork or the bands) and expect a near same result long term but short term meaning swingtraders or daytraders should likely stick to short term oscillators like Williams R, Stochastics, MACD and basic trendlines. Below is a correctly drawn AF with an MACD comparison.