From what I can tell, it looks like the Aroon would re-cross
(bullish) immediately if the SPX hits a new high over
1101.36. If it doesn't do that, it would re-cross
(bullish) in about 2 weeks, unless the SPX hits a low
under 1029.38 first. Just a heads-up.
Bob
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Title: Aroon caution From what I
Aroon oscillator broke through the zero line in the 60 ...
Posted by twins on 10th of Nov 2009 at 11:20 am
From what I can tell, it looks like the Aroon would re-cross (bullish) immediately if the SPX hits a new high over 1101.36. If it doesn't do that, it would re-cross (bullish) in about 2 weeks, unless the SPX hits a low under 1029.38 first. Just a heads-up.
Bob