
Technical | Analysis page 462 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 18 Confirmation 433 Other information can be gleaned from the MACD, however. For example, when the MACD is above zero, suggesting an upward trend, buy signals occur when the MACD crosses from below to above the signal line. Downward crossings are not at all reliable while the trend is…