$SPX - frtaylor here's some charts, here's
a 15 min chart, yes all the stochastics crossed at the same time,
but yes you didn't get a MACD cross or trendline cross, which makes
it more powerful, however for now the market has had a nice move
this morning. Resistance is the Fibs and broken trendline
above between 1245 - 1255
$SPX - 5 min chart, yesterday we
pointed out the bull wedge. Also watch the MACD Histogram
setting of 25,170,25, it trends pretty well above zero for bullish
and below zero for bearish, not to be used alone or buy itself, but
it follows the trend well
15 min and 5 min
Posted by matt on 2nd of Nov 2011 at 11:06 am
$SPX - frtaylor here's some charts, here's a 15 min chart, yes all the stochastics crossed at the same time, but yes you didn't get a MACD cross or trendline cross, which makes it more powerful, however for now the market has had a nice move this morning. Resistance is the Fibs and broken trendline above between 1245 - 1255
$SPX - 5 min chart, yesterday we pointed out the bull wedge. Also watch the MACD Histogram setting of 25,170,25, it trends pretty well above zero for bullish and below zero for bearish, not to be used alone or buy itself, but it follows the trend well
Awesome, thanks Matt.
Posted by frtaylor on 2nd of Nov 2011 at 11:10 am
Awesome, thanks Matt.