Monday, June 28, 2010

Clickcharts defines a potential crucial point...

The blue lines align with moments that preceded significant market declines. The orange lines are just picking points along an indicator which is produced by the products of moving averages similar to MACD. You can see I picked the points where both indicator(s) went negative. Clearly the Clickcharts indicator (the top one) which is volume weighted, has an edge...

Does the Clickchart method always work? No, but it has worked pretty well lately...

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