My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 20, 2013
BANK of America Weekend update
Weekly chart testing 23.6% Fib level.
Weekly RSI and price shows negative divergence. Price has started to show weakness and may extend the fall towards 10.1 or 20 Week SMA due to the negative divergence.
Your post on Dow Jones Triple Negative Divergence (http://niftychartsandpatterns.blogspot.in/2013/01/dow-jones-triple-divergence.html) is really awesome and too perfect! Thanks for all the wonderful analysis.
Hi San,
ReplyDeleteYour post on Dow Jones Triple Negative Divergence (http://niftychartsandpatterns.blogspot.in/2013/01/dow-jones-triple-divergence.html) is really awesome and too perfect! Thanks for all the wonderful analysis.
- Sandeep
@Sandeep Koppula
ReplyDeleteThanks for the comment.