Friday Technical Tutorials

Chapter Two… MACD, Interpreting the Signals

Introduction

Welcome to the seventh edition of Friday Technical Tutorials.  In Chapter One…MACD The Basics, we walked our readers through the basic construction of Geralds Appel’s  Moving Average Convergence-Divergence Indicator or MACD. This technical analysis tool, developed in the late 1970’s, is a trend following momentum indicator and is featured in…