Set an alert on Daily chart for PPO above 10% on XLU.
Look for a shorting opportunity.
Comments
tradearcher
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I agree. Next MACD(9,19,9) xover may be the time. Until then, on watch.
UDAY_C_Santhakumar
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I am still surprised to see, people not believing in indicators. Even after we show proofs.
tradearcher
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I know. There is so much information, bad and good, it is hard for the new traders to parse and find a system that works for their psychology and risk tolerance. Our views will come to light.
UDAY_C_Santhakumar
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and the rip off indicators for sale.... possibly created an aversion. Paying 500 bucks for an indicator and losing money can get really annoying for newbies
tradearcher
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Ya. I agree. That is why I spend a lot of time testing and developing my indicators.
UDAY_C_Santhakumar
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Yep, I like it because of the math.
tradearcher
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Same. Puts my Math-CS degree to fun and interesting research and analysis.