10 April 2008
[quote="7777777"][quote="7777777"]the party could be over - it's time to make a tough decision today.[/quote]
[b]MACD histograms tapering off and unable to exceed recent highs, which implies that upside momentum is being lost especially considering that most indexes / stocks are trading at around intermediate strong resistances (MA60, the quater MAs, and some even near MA125, the half year MAs!). looks correction have started. I find this rule has been valid for the past 6 months. pls verify with charts![/b]
please do take care![/quote]
[b]MACD histograms tapering off and unable to exceed recent highs, which implies that upside momentum is being lost especially considering that most indexes / stocks are trading at around intermediate strong resistances (MA60, the quater MAs, and some even near MA125, the half year MAs!). looks correction have started. I find this rule has been valid for the past 6 months. pls verify with charts![/b]
please do take care![/quote]
Labels: Historical Teachings, Stock Trading System