Given the negative divergences in momentum, volume, breadth, and market internals—along with the arc trend line distribution pattern—stocks had extremely high odds of breaking lower into a steep retracement. As of last Friday, …
DivergencesDivergences occur when the momentum in the RSI does not follow the momentum in the price. This suggests a coming reversal in the price momentum – in a “bullish” divergence, the stock makes a lower relative low …
After being mesmerized by the Fed’s hallucinogenic “Quantitative Easing,” (QE) drug, and seduced by the Fed’s Zero Interest Rate Policy (ZIRP), and rescued by the Fed’s clandestine intervention in the stock index futures market, for the …
We do a lot of intermarket analysis on a day to day basis either for confirmation or to look for divergences. One of my favorite ways ... on The Street that the bond market is smarter than the stock market. I don’t know if that’s true or not.
A bullish divergence between the gold-mining sector of the stock market, as represented by the HUI and ... higher low while the bullion market makes a lower low. However, bullish divergences often don’t happen around major price bottoms.
RSI can be used to detect general trends as well as finding divergences and failure swings ... Active investors may choose to use this technical indicator as a stock evaluation tool. Many consider the equity oversold if the reading is …
See More + developments, bond spreads, bank equity, developing countries, repayments, exporters, interest rate policy, revenues, portfolio, fiscal policy, creditworthiness, borrowers, stock market capitalization, bankruptcy, debt burdens, …
(NASDAQ:NVDA) stock. This specialized semiconductor company is up 103 ... and a bullish signal is generated when the signal crosses back above 30. Divergences are used as an early warning that the current overbought or oversold trend …
Over the past year, a lot of digital ink has been spilled on the so-called negative divergences. Many have pointed out that ... when the black line dropped below 50, there was a stock rally afterwards. Almost any time the black line went above …
We can see some medium-term negative technical divergences, but will they lead to a downward correction? The technology Nasdaq 100 futures contract remains relatively stronger than the broad stock market, as it currently trades …