Paul Mylchreest: Sell Signal on Stocks (DETAILED REPORT)

The "Adjusted MACD indicator", using exponential moving averages of 25, 26 and 6 days instead of the default 12, 26 and 9 days, gave sell signals one month before the S&P 500 peaked in March 2000 and two months after the peak in October 2007. It has just given its first sell signal in the current bull market implying, at the very least, that we are moving in-to a high risk period for equities and other financial markets.''