Thursday, August 11, 2011

Esoteric wink stuff caution

This will be post the fact once it gets up on twitter but... two things,,,

The rise just now on dow came up from a "not quite" macd buy signal.
The MACD mavs have bracketed a bar (as highlighted by arrow) which suggests that price should get below the latest green candle.
If it does it will break the uptrend line black

And that is a fairly legit short signal.

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