RE: Stan Weinstein's Stage Analysis
(2016-03-03, 09:59 PM)shaunattwood Wrote: PCABC just read about your shorts, I urge you to add the MACD to your timing tools, look at this graph http://stockcharts.com/h-sc/ui?s=indu the short sale bearish crossover was in November, and the bullish crossover to close out shorts was in January, now it's racing up again, the shorts will be squeezed out, MACD will cross over bearishly again soon, and that is the re-short signal, I'm mostly in cash awaiting that signal
Thanks. I've pulled up the stop losses and am looking at whether they penetrate the MA150d - which some are very close to. Over February I've made some good gains, but yes, some are slightly in the red and some now have smaller gains. Do you use the MACD alone or in conjunction with stage analysis? According to the chart you linked Nov, from a Stage analysis perspective would not be a good time to short owing to being above the MA. Rather breaking below 17000 in the first week of Jan would make sense. The shape of short index ETFs does look a little more tricky.