The Bonddad Blog
Still nerdy after all these years
Tuesday, January 5, 2010
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A.) Prices broke through upside resistance today.
B.) the MACD has given a buy signal -- but it's a weak buy signal. The overall trajectory of the signal line is weak. Ideally, we'd like a far steeper line.
C.) The A/D line has been in a range while prices consolidated. The good news is that we haven't seen a big drop -- people have not sold en masse.