Monday, October 4, 2010

2ND POSITIVE DIVERGENCE

The first didn't get very far. Interestingly, the SPY has the weakest divergence, then the DIA, the Q's have a strong 1 min positive divergence, but the 5 and 10 minute charts are showing negative divergences. I don't know why this is, if it has something to do with the amount of bots operating or what, but short term it looks like a good strong positive divergence, other ten that, the 10, 15 , 30 and 60 min charts are all in leading negative divergences.

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