XJO 0.43% 8,223.0 s&p/asx 200

thunderous thursday, page-81

  1. 17,444 Posts.
    lightbulb Created with Sketch. 57
    Of course that MACD is only +25 and the lows were -75.

    It isn't unusual for the first move to equal the extremes so +75 is possible.

    I have a MACD I divide by the close OR open which gives a better perspective on true momentum.

    Without that MACD will always get bigger over time as prices always make new highs but is not adjusted for constant dollar or inflation etc.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.