Wednesday, April 7, 2010

4/7 Morningline: Indicators

Gold (GLD) was the exception to the opening's range-bound narrowness. GLD gapped up by 0.7% but then went nowhere.

My forex indicators -- the euro/dollar pair (EUR/USD) and dollar/yen pair (USD/JPY) each pushed below yesterday's range before retreating back.


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trendadxpsarppsmacdmacd
trend
stosto
trend
VIX 16.59
JNK $39.48
GLD $111.84
USO $41.92
EEM $43.50
EUR/USD $1.3350
USD/JPY ¥93.73
At 10:77 a.m. Eastern

Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic


Exchange-Traded Fund Symbols:
EEM - emerging markets
EUR/USD - euro/dollar currency pair
GLD - gold
JNK - high-yield corporate bonds
SPY - blue-chip stocks
TLT - Treasury long-term bonds
USD/JPY - dollar/yen currency pair
USO - crude oil
VIX - fear index

About the glance: The colors indicate the state of each signal.

  • trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
  • adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
  • psar, pps, macd: green for bull mode, red for bear
  • sto: green for overbought, red for oversold, yellow for the neutral zone.


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