guidoisot
Long

PPO and ADX getting close, trend reversal up coming

AMEX:GLD   SPDR GOLD SHARES
1274 0 1
when the distance (graphically, on the chart) between the top of ADX and the low of the PPO (or also MACD ) is at a minimum, then there is a good chance that prices will rise upward. If one thinks at the meaning of ADX and PPO it makes sense, I think.
Another symbol is to look at might be NUGT             (Direxion gold             miners Bull 3X) .... nice to play with calls.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out