David Affieri on TikTok
9:01
David Affieri on TikTok
Dec 7, 2023
TikTokaffieri
The MACD indicator isn't normalized so the higher in value $SPX goes, the higher the MACD naturally goes. To normalize it, it's best to use the PPO indicator. At 2.14, the PPO is at high levels but only the 87th percentile. There have actually been plenty of instances where the PPO has reached at least 2.14 and achieved ATHs.
0:23
The MACD indicator isn't normalized so the higher in value $SPX goes, the higher the MACD naturally goes. To normalize it, it's best to use the PPO indicator. At 2.14, the PPO is at high levels but only the 87th percentile. There have actually been plenty of instances where the PPO has reached at least 2.14 and achieved ATHs.
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David Affieri on TikTok
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