June 16, 2010

Negative divergence in MACD


  • There is clear negative divergence in macd hour chart.
  • But the daily trend is up.
  • If price moves above today's high divergence will vanish in no time.
  • above days high one can go long

3 comments:

  1. Ok, San, Lets see nifty cross day's high to buy...

    ReplyDelete
  2. Negative divergence seems to be in action. Break of 5220 will give 5200. Lets see it is playing cat and mouse with traders

    ReplyDelete