Posted by timebandit on 29th of Dec 2020 at 03:27 pm
QQQs looking okay today but
NAHLnot so much. While the MACD of NAHL broke down three weeks
ago, its RSI bounced and held above 50 until today when it broke
down pretty convincingly. Looks like NAHL will hold above the 200ma
today, and the MACD is still at 20 (but diving pretty steeply).
This is a breadth indicator, so just a warning / shot across the
bow for now...
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QQQs looking okay today but
Posted by timebandit on 29th of Dec 2020 at 03:27 pm
QQQs looking okay today but NAHLnot so much. While the MACD of NAHL broke down three weeks ago, its RSI bounced and held above 50 until today when it broke down pretty convincingly. Looks like NAHL will hold above the 200ma today, and the MACD is still at 20 (but diving pretty steeply). This is a breadth indicator, so just a warning / shot across the bow for now...