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	<title>Comments on: GMI: 2; GMI-R: 5; Signs of a turn; QLD</title>
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	<description>A stock trading blog by Dr. Wish</description>
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		<title>By: Tony</title>
		<link>http://wishingwealthblog.com/2008/07/gmi-2-gmi-r-5-signs-of-a-turn-qld/comment-page-1/#comment-69</link>
		<dc:creator>Tony</dc:creator>
		<pubDate>Thu, 31 Jul 2008 21:00:29 +0000</pubDate>
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		<description>Dr. Wish,



Thanks for posting this and also your previous reply to me.

QQQQ shows the MACD crossing several days ago on my chart (daily).



Another signal for a general trend that is now developing:

1. 5 day ema crosses 20 day ema

2. RSI above 50%

3. MACD histgram possitive

I often use this set of signals.  See March 24 for example.

However, it also helps if the 50-day average can be crossed.  I still think a horizontal market is most likely until the election.




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		<content:encoded><![CDATA[<p>Dr. Wish,</p>
<p>Thanks for posting this and also your previous reply to me.</p>
<p>QQQQ shows the MACD crossing several days ago on my chart (daily).</p>
<p>Another signal for a general trend that is now developing:</p>
<p>1. 5 day ema crosses 20 day ema</p>
<p>2. RSI above 50%</p>
<p>3. MACD histgram possitive</p>
<p>I often use this set of signals.  See March 24 for example.</p>
<p>However, it also helps if the 50-day average can be crossed.  I still think a horizontal market is most likely until the election.</p>
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