DislikedHi holmes,
1. MACD above signal line and above zero - strong upward potential
2. MACD above signal line and below zero - upward potential but could be a pull back - I normally check price action to see if it has strong upward potential or if it is going sideways.
3. MACD below signal line and below zero - strong downward potential
4. MACD below signal line and above zero - possible sideways or retracement. Look at PA to confirm.
Hope that helps.Ignored