Ask Colin

Part of one of your Ask Colin answers was the other useful indicator is the monthly MACD. Where it stays in buy mode ... What do you consider in your opinion is the buy mode?

Here I was assuming that the reader had a basic knowledge of the indicator I was talking about. There is an article on my subscription web site from Shares magazine explaining the MACD and it is also well covered in the Technical Analysis articles on the subscription web site.

A brief explanation is this: The MACD indicator consists of two lines