June 29, 2010

Positive Divergence in Moving average oscilator

CLICK AND ENLARGE THE CHART TO SEE THE LEVELS CLEARLY
  • I have plotted the Moving Average Oscillator here with the 4 hour chart of Dow Futures
  • It  shown two negative divergences that has happened in the same time frame.
  • At present it is developing a positive divergence. Before taking a trade please note that all divergences should have price confirmation

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