(Click on charts to enlarge)
Wednesday, 4 August 2010
Advance -Decline line and Price slight divergence,
The following two charts shows the NYSE and the SP500 against their respective Advance-Decline lines for 2010. The past few days have seen a slight divergence between the direction of price and the respective Advance-Decline lines. This may be flashing a caution sign with regard to stocks.- I have highlighted previous occasions this year where directional divergence has occurred. - Often in previous years this directional divergence has led to corrective activity.
Subscribe to:
Post Comments (Atom)
AlphaMind podcast #107 A US Navy Seal Commander, A Mindfulness Expert, and Self-Compassion
In the brutal world of trading and markets, we can often turn in on ourselves, and end up becoming our biggest problem. The ability to stay ...
.png)
-
.png)
In the brutal world of trading and markets, we can often turn in on ourselves, and end up becoming our biggest problem. The ability to stay ... -
Geoff Trickey, one of the world’s leading experts on Risk Personality, says that ‘ personality writes your biography ’. He believes that kno... -
The trader and author of the book ‘Phantom of the Pit’ Art Simpson’s said of trading, ‘The Best Loser is the Long-Term Winner’ . Trading li...
No comments:
Post a Comment