When the SPX bottomed in March, there was divergence between the indicator and price. It now appears that there is similar divergence, signaling a potential topping out of the market move off the March lows. This Indicator has been reliable.
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1 comments:
Yes, the MACD divergence from Daily has been troubling me as well and making me take the short side for sometime. I feel that a correction/pullback is offing here.
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