LONG-term chart. Dow Jones Industrial Average Quarterly time frame showing a 3/10macd fast line potentially crossing the slow line (bar ends at the end of the month). Not something that happens very often in such a slow time frame. The overall trend would remain bullish for quite some time but it is interesting that the 20-period MA lines up nicely with support.
The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at firstname.lastname@example.org
I am always open to questions, comments, or suggestions on how to improve this blog.