The Red/Green vertical lines indicate when the fast line and slow line cross on the 3/10macd (green indicating a cross with a bullish bias, red indicating a cross with a bearish bias). Interesting how they all correspond to a trend line break.
Wednesday, August 8, 2012
SPY Channel
The SPY 130 minute chart (130 minutes because there are 3, 130-minute bars in one day; at least in a day that operates under regular trading hours).
The Red/Green vertical lines indicate when the fast line and slow line cross on the 3/10macd (green indicating a cross with a bullish bias, red indicating a cross with a bearish bias). Interesting how they all correspond to a trend line break.
The Red/Green vertical lines indicate when the fast line and slow line cross on the 3/10macd (green indicating a cross with a bullish bias, red indicating a cross with a bearish bias). Interesting how they all correspond to a trend line break.
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