Archive for the ‘adx’ Tag

ATI & WCC: Taking some profits!

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ATI: SMI indicator was entering the oversold level, so I took some profit. The ADX indicator is still moving up, so stock might still go down.
WCC: Took some profit with no real reason.

ADCT (BOUNCE Pattern: Short)

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Heavy volume, ADX showing my BOUNCE Pattern.

SPY Observation 10.08.07

So far, SPY is up four weeks in a row. Can SPY make it five in a row? I did some research by looking at the weekly chart of SPY to see what happens after being up four weeks in a row. To my amazement, 10 out of 10 times the SPY went up on the fifth week.

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SPY Observation 10.03.07

Today I did a research to see how many weeks 5 WMA(Week Moving Average) closed above 15 WMA(Week Moving Average) since the bull market started.

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