thefunkybits
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August 16, 2014, 06:36:09 PM

4HR. MACD crossover confirmed  Cool

Rocket incoming!

Don't get me wrong. I want to go up as well but these macd's don't predict shit.
I've seen it mentioned 100's of times and they are as reliable as flipping a coin.

In some cases yes...but in this case, where the MACD has bottomed out and is now turning green I consider very bullish. Indicators arent 100% forsures but they can help give insight into where the market might be headed