2.26.2008

MACD Zero Line... And the VIX...






The most powerful trends seem to happen right around the weekly MACD zero line. So, I charted the small cap index on a weekly, and highlighted the zero line area's along with the price action during that time frame. Although it failed to cross the zero line in December 07, I just don't see that happening this time...Unless that pesky VIX holds support...

tb

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