4/27 Morningline: Other Indicators

In other indicators, declines in emerging markets, oil, the euro-dollar currency pair, and the dollar-yen pair. Gold, oil and emerging markets are showing mixed technical signals: bearish on the psar, bullish on the pps.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
JNK $40.16
GLD $112.88
USO $40.12
EEM $42.52
EUR/USD $1.3317
USD/JPY ¥93.57

At 10:33 a.m. Eastern

---

Options as a Strategic Investment

Options as a Strategic Investment is a one-stop source of practical information, clearly presented, about the the trader's most important tool for managing risk. This book occupies an important place on my desk.

---

This signal will be followed in the daily Watchlist, which is posted beginning around 2:45 p.m. Eastern. Look for it at www.timbovee.com.

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

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.

New to Private Trader? Check out the Reader's Guide.

New to private trading? Here's a look at How to Become a Private Trader.