I watch RSI, MACD, Moving Avgs (10, 20, and 50 day
Post# of 45510
I watch RSI, MACD, Moving Avgs (10, 20, and 50 day), Bollies, historical support and resistance levels on the candlestick charts, trendlines, and I like to keep an eye on volume. The spike in volume the past few days has caught my attention and caused me to take a harder look at some of the indicators. There are many things pointing to a bounce here. That's all assuming, of course, that a large amount of convertibles are not hitting the market. If the people with the convertibles were smart, they'd be looking at the charts as well and knowing a bounce is due.