• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 8. Advanced Moving Average Conve... > MACD and the Four Stages of the Mark...

MACD and the Four Stages of the Market Cycle

As a final note regarding the MACD, we might observe that its patterns, which are relatively smooth compared to most market indicators, provide suggestions relating to the four stages of market cycles. Chart 8.22 illustrates the related concepts.

Chart 8.22. New York Stock Exchange Index: 2002 MACD and the Four Stages of the Market Cycle

The smooth patterns of the MACD frequently provide clear indications of the four stages of the market cycle.



PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint