Contradiction is usually a word with negative connotations, but in Technical Analysis, it can be a sign of things to come. 3C is an indicator with the power to contradict prices, which means to show us the underlying action in price. We've all seen the positive divergences of the last 3 days now and after the news on GDP and the drama in Washington, it's kind of hard to believe the averages are trading in the green right now.
This power of contradiction also has the power to give me an ulcer, as I've said, t's difficult to show you these charts in the price environment we are in, but these are your edge and part of your decision making process.
So below are some of the more significant charts in the majors.
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