Monday, May 24, 2010

NLY Watch

After moving into bull territory earlier in the day, the macd on NLY retreated and at the close was at 0.00116 below the zero line.

So the bull signal turned out to be a ghost bull, although the macd trend is still pointing up toward the zero line, and the stochastic is on the rise through the neutral zone.

My earlier posting.

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