5-Apr

How to read MACD Signals? – by Didier F

I would like to post this question. There are two images attached.

I’m using the Triple Screen with the MACD 9 12 26 and the force index 13 periods. These indicators are going up on a weekly chart and don’t show any divergence or weakness. On a daily chart, however, these same indicators are drawing a shape common to most of the indexes and stocks I follow. See attached XFN as an example, the ETF of the Canadian financial sector.

I wonder how to analyze the chart in order to look for a trade. I also wonder when the divergence will be over in this example.

Thank you very much for your input.

Didier

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