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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