Silicon Investor (SI) -- The First Internet Community

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.

Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?

To: Wizzer who wrote (3160)	4/22/1998 8:46:00 AM
From: Donald F. DeKold	Respond to of 4718

FWIW, I found this information through by going to the Gold Price Monitor forum: What follows is a technician's interpretation of statistics relative to gold price volume and movement. Go to this URL to see chart and various plots: tfc-charts.w2d.com =============== Analysis Tuesday Note: In evaluating the short term, Plot1 represents the fast moving average, and Plot2 is the slow moving average. For the longer term analysis, Plot2 is the fast moving average and Plot3 is the slow moving average Conventional Interpretation - Short Term: The market is bullish because the fast moving average is above the slow moving average. Additional Analysis - Short Term: The market is EXTREMELY BULLISH. Everything in this indicator is pointing to higher prices: the fast average is above the slow average; the fast average is on an upward slope from the previous bar; the slow average is on an upward slope from the previous bar; and price is above the fast average and the slow average. Conventional Interpretation - Long Term: The market is bullish because the fast moving average is above the slow moving average. Additional Analysis - Long Term: The market is EXTREMELY BULLISH. Everything in this indicator is pointing to higher prices: the fast average is above the slow average; the fast average is on an upward slope from the previous bar; the slow average is on an upward slope from the previous bar; and price is above the fast average and the slow average. Indicator - MACD: Conventional Interpretation: MACD is in bullish territory, but has not issued a signal here. MACD generates a signal when the FastMA crosses above or below the SlowMA. Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. The short term trend, based on a 9 bar moving average, is UP. MACD is in bullish territory. And, the market just put in a 45 bar new high here. Look for more new highs. Indicator - Momentum: Conventional Interpretation: Momentum ( 2.2) is above zero, indicating an overbought market. Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. The short term trend, based on a 9 bar moving average, is UP. Momentum is in bullish territory.upside move is likely. And, the market put in a 45 bar new high here. More highs are possible. Indicator - Stochastic - Fast: Conventional Interpretation: The stochastic is bullish because the FastK line is above FastD line. Additional Analysis: The long term trend is UP. The short term trend is UP. Even though the stochastic is signaling that the market is overbought, don't be fooled looking for a top here because of this indicator. The stochastic indicator is only good at picking tops in a Bear Market (in which we are not). Exit long positions only if some other indicator tells you to. Indicator - Stochastic - Slow: Conventional Interpretation: The SlowK line crossed above the SlowD line; this indicates a buy signal. Additional Analysis: The long term trend is UP. The market looks strong both long term and short term. The SlowK is at (68.04). A good upward move is possible without SlowK being overbought. Indicator - RSI: Conventional Interpretation: RSI is in neutral territory. (RSI is at 66.15). This indicator issues buy signals when the RSI line dips below the bottom line into the oversold zone; a sell signal is generated when the RSI rises above the top line into the overbought zone. Additional Analysis: RSI is somewhat overbought (RSI is at 66.15), but given the 45 bar new high here, greater overbought levels are likely. Indicator - ADX: Conventional Interpretation: ADX measures the strength of the prevailing trend. A rising ADX indicates a strong underlying trend while a falling ADX suggests a weakening trend which is subject to reversal. Currently the ADX is rising. Additional Analysis: The long term trend, based on a 45 bar moving average, is up. Further, a rising ADX indicates that the current trend is healthy and should remain intact. Look for the current uptrend to continue. Indicator - DMI: Conventional Interpretation: DMI+ is greater than DMI-, indicating an upward trending market. A signal is generated when DMI+ crosses DMI-. Additional Analysis: DMI is in bullish territory. And, the market put in a 45 bar new high here, adding bullish pressure. Indicator - Swing Index: Conventional Usage: The swing index is most often used to identify bars where the market is likely to change direction. A signal is generated when the swing index crosses zero. No signal has been generated here. Additional Analysis: No additional interpretation. Indicator - Ultimate Oscillator: Conventional Interpretation: The Ultimate Oscillator attempts to identify market turning points by analyzing divergences between the market and the Ultimate Oscillator. Currently a bearish divergence indicates a market decline is likely. Additional Analysis: The long term trend, based on a 45 bar moving average, is UP. The short term trend, based on a 5 bar moving average, is UP. A significant bearish divergence here indicates a market decline is likely.