The main principle of the MACD, a momentum indicator, is it will also want to revert to the mean, which in its case is the zero line. As expected, the MACD line, the average of a shorter and longer term moving average, is coming back to the zero line after a too explosive spike to the upside. For the past few weeks, however, the histogram has been contracting signaling the MACD is slowly turning around. With momentum/ the MACD re-setting to the zero line, the indicator is signaling a continuation of the next cycle up - yes, continuation as the bottom has been in for a year now with the previous spike down into the 3K range.
But wait, some will say, looking at the MACD indicator, what's to stop the MACD /and price/ collapsing to new lows as it did late last year? And a fair enough question when looking at the weekly MACD alone.
But then indicators should never be looked at in complete isolation. It helps to 'triangulate' them with other indicators.... or even the same indictor in different time frames. This following appendages will explore this second approach.
But wait, some will say, looking at the MACD indicator, what's to stop the MACD /and price/ collapsing to new lows as it did late last year? And a fair enough question when looking at the weekly MACD alone.
But then indicators should never be looked at in complete isolation. It helps to 'triangulate' them with other indicators.... or even the same indictor in different time frames. This following appendages will explore this second approach.
注释
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。