In the case of GS, there's 2 periods the trend is strongest. But now its back to 20,
indicating the market is uncertaing where GS will go from here. We need to wait and see.
GS daily with ADX
===================
GS daily with MACD
=================
17 November 2007
19-11-07 : GS's trending strength
ADX is used to measure a trend's strength. If its above 20 and rising, the trend is established in 1 direction and confirmed. If its less than 20, or droppping, means the trend is slowing down, or reversing.
In the case of GS, there's 2 periods the trend is strongest. But now its back to 20,
indicating the market is uncertaing where GS will go from here. We need to wait and see.
GS daily with ADX
===================
GS daily with MACD
=================
In the case of GS, there's 2 periods the trend is strongest. But now its back to 20,
indicating the market is uncertaing where GS will go from here. We need to wait and see.
GS daily with ADX
===================
GS daily with MACD
=================
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