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Topic: Are we at rally top now? - page 2. (Read 1654 times)

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December 23, 2014, 08:52:25 PM
#1
1w MACD divergence isn't random walk line. In fact, it is nice and accurate sin wave. The only difference is that it oscillates not around zero.

In 2012 it oscillated above zero, so that even bottoms were green.
In 2013 it oscillated about zero, so green and red were about the same size.
In 2014 it oscillated below zero, so it was green only on tops.
It looks that in 2015 even the top will be red. In fact, it is possible that we are at the top right now.

Since the tops of 1w MACD divergence are rally tops, we may be at the rally top RIGT NOW! SELL !!!  Smiley





P.S. Did I just invented a wheel EW?
P.P.S. To invalidate it, we need a couple of green candles, going up fast. Then what I thought was a peak, would be a launch pad Smiley


EDIT: To avoid confusion. I was talking about MACD histograms, rather than MACD line itseld.
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