nibor100 1,048 posts msg #140162 - Ignore nibor100 |
12/17/2017 11:54:25 AM
Looks almost like the same scenario as if we move those 2 trend lines so their end points are at Oct 23rd; except then both groups of guppy moving avgs had moved closer together signaling a change was coming.
Now only the short term group of guppy moving avgs have moved close together with the longer term group of moving avgs flattening out but still headed downward with a good size spread between them.
It is probably going to move, but without any news checking, I probably would lean toward it continuing to move downward...
Standard MACD looks fairly similar to what it was showing around Oct 23rd, so not much help to me.
Ed S.
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