The market....moves

[ChartMan]

My Phase and macd osc EDS gave 3 buys and only 51 sells today....a far cry from a few days ago with 1900 sells.....a significant improvement.
This EDS tests for a reversal peak in phase and macd oscillator, indicating price turn arounds...

 

[Uncle]

Martin, if you had the sell signal of 1900 a few days ago, no wonder your only getting a few now. Obviously they are all still heading south. Ah well look for the reversals at the bottom and lets hope we can all make a few quid. But for now pays to sit on your hands.

Have a good weekend all you folks going to the big city.


John

 

[ChartMan]

Perhaps you misunderstood (and others)...I only use this to indicate "sentiment" on the day.
Obviously, once stocks have turned over to the downside, they wont turn again untill they've done a retrace,at which point they will be dectected as turning to the upside....
And yes, they're probably all still heading south 🙁