Rp, the MACD cross above/below the zero line has also coincided
nicely with Matt's 89 sma on the weekly chart till now.
Interestingly this time, as you have pointed out the MACD is on the
point of crossing but we are nowhere near the 89 sma. I'm not sure
what to make of this, just pointing it out.
Rp, the MACD cross above/below
Posted by Vida on 30th of Jun 2009 at 08:36 am
Rp, the MACD cross above/below the zero line has also coincided nicely with Matt's 89 sma on the weekly chart till now. Interestingly this time, as you have pointed out the MACD is on the point of crossing but we are nowhere near the 89 sma. I'm not sure what to make of this, just pointing it out.
$SPX 10 year weekly chart