Nice one Ed, think you're all over it.
For some reason my bollies are a bit different to yours, yours has it closing well above the upper bollie but mine shows it closing nicely inside with the upper bollie dramatically wicking upwards to allow for higher pricing.
To add to the bullish move we see the 8ema crossing above the median line, something it hasn't done since the 26th of July. (you're using SMA's so you don't get quite the definitive move IMO).
Yes MACD is very positive, just got to get it over the signal line for this to go into bull mode.
And the all conquering weekly is displaying the important turning of MACD (it's been negative since February) so will be very keen to see over the next 2 weeks if that vital cross eventuates.
But no wonder your seeing things a little differently ED, here's your hourly.
Hedges are nearly 3%.
Cheers
Nice one Ed, think you're all over it.For some reason my bollies...
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