RE:The misconception on Technical AnalysisThanks Millennial2000, I for one appreciate you coming back to weigh in with your comments and TA observations, so never mind the others on this very busy board dissing TA etc; I am clearly in the camp with QUALITY versus quantity in the posting arena.
It's interesting to note that the SP almost hit the 100 DMA (1.49) today. That's one giant mass of green on the RSI per the long term weekly chart with the MACD decisively curled over, just an observation, nothing more, nothing less. Guess we'll see how this week further plays out....cheers. ;)