Tuesday, April 27, 2010

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.
trendadxpsarppsmacdmacd
trend
stosto
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


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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.


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