June 16, 2010

Dow jones Negative divergence hourly chart

  • The negative divergence has been developing in dow jones for quite some time.
  • But the price just keep on going in the opposite direction.
  • So there is negative divergence and the price is not falling down what does that mean.?
  • That means if the markets are strong divergences can be ignored.
  • But eventually the prices will react so for trading divergence one should wait for the price confirmation.

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