Oct 22
Watch Those Indicators
Take time today to walk through each investment in your portfolio and check out the following technical indicators. Link to this StockCharts page to see if your investments are recovering from the Bear Market.
My recommendation, for those uncertain about this market, is to wait for the following to occur.
- Wait for the 25-Day Exponential Moving Average (EMA) to move from below to above the 50-Day EMA.
- Wait for the RSI graph to move from below to above the 30% level.
- Wait for the MACD to turn positive.
- And last, wait for the CMF graph to go positive.
I consider the first three to be the most important indicators. By waiting for all four to go positive, one will miss the initial days of the upward market move, but no one is likely going to call the bottom so play it safe.
Lowell Herr
Photograph: Fat City Cafe, Multnomah Village, OR
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