DAILY MACD BETTER LATE THAN NEVER

MACDs are known for some things but early is never one of them.  What we can take away from it is the divergences that occur at tops and bottoms.  So we are again at that point where only if the MACD crosses down with the divergences intact can we say that the top is in.

Therefore look for a topping out process with the MACD confirmed after it has crossed down.