Tuesday, July 14, 2009

Non-Boat O' Charts

MFC might have more upside based on good volume today, but this is expiry so all sorts of wackiness goes on in the markets.



Watch for these coiling effects, especially on MACD. Yes, use tech analysis on indicators and studies.

2 comments:

  1. Hi

    Lost track of your reply to one of my previous posts on trading crude. I use some pivot points, but also Tom DeMark indicators to assist me in positioning. Thanks for pointing out the Person Pivots, I am not familiar with them but will ahve a look soon. Nice blog...

    ReplyDelete
  2. I know how easy it is to misplace, one reason I like having my blog, I can always find things pretty quick. Every time I post charts I am going to include the word Boat, therefore by searching for "Boatload O' Charts" you get taken to all the charts. You use Demark also? Another top trader I know of does too...must put on my list to study.
    Thanks for visiting.

    ReplyDelete

Insightful and Useful Comment!