TOX tox free solutions limited

get set for next week., page-9

  1. 5,802 Posts.
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    Hi launch :) Our timeframes seem to be the same - I'm working off a daily chart too, with data from Paritech, using AmiBroker. But on my chart, the indicators are as I mentioned.

    The ADX just kicked horizontal on today's data, just downloaded, but was still heading up at a value of 61.5 on last night's data, which suggests a strong uptrend still in place.

    Likewise, my MACD on tonight's data has just turned horizontal, but is still above its signal line, and not in an overbought or oversold range.

    It may well retrace a littlefurther before heading north again, but I really can't see any strong tech indicators that suggest the uptrend is over yet.

    As always, TA is an inexact art, and I may well be proved wrong - and frequently am... :) Time will tell I guess.

    I hold, and will keep holding for now. Your views are duly noted and respected - we shall see... ;)

 
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