The End of the HOV Story

I should have included this chart...

We see the 2000 leading positive divergence/accumulation and this on a 5-day chart! There was one brief negative divergence in 2002 that led to nearly a year of flat prices (red box), but largely the trend was confirmed (green arrow) by 3C making higher highs with price, that is until the 2005 top. Again, this is one chart, but I've studied this case thoroughly and can tell you there were plenty of distribution signs.