Wednesday, April 27, 2011

Desi MO (McClellan's oscillator for NSE) for 27th April 2011


6 comments:

Shai said...

Thanks RM.

Quite a chart this one, with adv/decl and McClellan available at a glance.

I was just wondering, since you have the volume superimposed on the spot, if you have tried the vwap indicator on the spot.

Girish had worked out an afl on V2 and I feel that the monthly vwap will do just fine on that chart.

r m said...

@Shai

I have not tried VWAP on spot so far but will try it now with Girish's AFL.
Thanks!

Shai said...

Excellent read on Fed speak :

http://blogs.wsj.com/economics/2011/04/27/parsing-the-fed-how-the-statement-changed-15/?mod=e2tw

WSJ article seems to suggest that there will be no QE3.

Viren said...

I don't know about that, but I'm seeing gold go up and dollar come down in the past 30 mins.

I am expecting Ben to say the right things and create a dollar bounce short term. Looks like he wants to crash it.

If ben does not state a clear intention to halt QE, dollar will crash.Gold/ silver will be on the moon then.

r m said...

Thanks Shai!

Hi Viren
Your Christmas holidays have stretched a bit too long? :)

Viren said...

Hi RM,

I'll pay if I have to get a holiday!

I miss the room and the weather back home.

Have lost track of the NSE, but when I'm back I'll ensure that I am usefull :)