jpcavin
Well-known member
3d/10d and 20d sma direction is down. 50d sma is close behind. Momentum is negative, more than double what is was Friday. QUOTE]
Hey jp, just curious...how are you measuring momentum? Also, when you mention the sma's, are you looking only at the S&P, or other indices as well?
I like your logic. You're obviously "on the ball".![]()
I follow the NASDAQ. I use slow stochastics and and composite ROC based on 5/15/25 days. I also look at the 14d ROC. I'm just trying out different things to see what seems to work best. Not enough info to really make an adequate assessment at this time. I can't put it all together because I am still learning how to use each individual indicator.