Comment on Indicators (Part 2)

Jay Arya commented on 21 Jun 2018, 02:33 PM

Hi Karthik,

In the MACD section, it is mentioned “The sentiment is bullish when the MACD line crosses the 9 day EMA wherein MACD line is greater than the 9 day EMA. When this happens, the trader should look at buying opportunities”.

However, in the Karnataka Bank checklist example, it says “There is also an MACD crossover (signal line turns greater than the MACD line)” as a buying opportunity.

Are these not contradictory?

Regards
Jay

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