Weren't you the one who said "The MACD for RXL currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 5-minute moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher."
Now I know from this comment that you must be a short term trader, because the bigger picture daily MACD shows that the signal is not above the signal line and is below zero. Not sure I would be taking your advice on how to trade RXL.
Anyway it won't take long to see which way the winds blow. Moving averages remain divergent.
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