Just a technical setup.
Overbought and rolling over.
I used a simple 11-day, 22-day MACD to display. 22-days is the average month, which is usually the right number to capture what is going on inside of a quarter (63-66 days, typically).
Risk versus reward is labeled at roughly 1:2.
Best regards,
Tim
2:39PM EST, Oct 1, 2013
Overbought and rolling over.
I used a simple 11-day, 22-day MACD to display. 22-days is the average month, which is usually the right number to capture what is going on inside of a quarter (63-66 days, typically).
Risk versus reward is labeled at roughly 1:2.
Best regards,
Tim
2:39PM EST, Oct 1, 2013
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.