weekend charting 13/14 feb, page-41

  1. 8,880 Posts.
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    haspete, great stuff thanks for the link, agree re the descending trendline from Oct07 highs on the weekly (must hold ) getting close to falling through if more downside. I learn new very important signals every time I view your work, the 30d MA & the 50d MA very interesting. I have had a quick look over the last 20 years on the DJIA daily and those two MA's play out ever time they cross, what I like about them is the speed in which the market reacts when they cross (up or down ) is very telling unlike say the 50 (or Robbbb's 41) and the 200 (or 195) which take time to confirm. Mind you if you'd sold everytime the 50 crossed down and bought everytime the 200 crossed up you would have been laughing imo!
 
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