Sunday, October 09, 2005 12:34:56 PM
CDIT - Most powerful Aroon cross known to Analysis (below the 20)
..generally speaking getting the Aroon(down) to bottom at 0 is no easy task. it indicates the current downtrend has lost its momentum.. when the Aroon(up) is nearing or at 0 also this signals the consolidation phase is under way. here we have a set-up of what is said to be the powerful Aroon cross know to Technical Analysis as the Aroon(up)/green heads north through the Aroon(down)/red below the 20 as other indicators on the chart also agree.
http://stockcharts.com/education/IndicatorAnalysis/indic-Aroon.htm
..generally speaking getting the Aroon(down) to bottom at 0 is no easy task. it indicates the current downtrend has lost its momentum.. when the Aroon(up) is nearing or at 0 also this signals the consolidation phase is under way. here we have a set-up of what is said to be the powerful Aroon cross know to Technical Analysis as the Aroon(up)/green heads north through the Aroon(down)/red below the 20 as other indicators on the chart also agree.
http://stockcharts.com/education/IndicatorAnalysis/indic-Aroon.htm
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