July 15, 2010

Dow Futures Hidden negative divergence

UPDATED CHART

DOW FUTURES WITH HIDDEN DIVERGENCE
  • Dow futures 4 hour chart is breaching an important trend line.
  • The same chart is also showing a hidden negative divergence.
  • Hidden divergence happen when the indicator reaches the previous high but the index fails to do so.
  • DOW JONES HITS THE 200 DMA
  • READING ON HIDDEN DIVERGENCE FROM BABYPIPS

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