On DGP's 15
min chart at nearly market close, as the price peaks higher, I see
both negative divergence plus huge volume spikes. The volume
spikes on a rising price make me think it's buying, but the neg
divergence makes me wonder if it's not selling into
strength.
DGP 15 min
DGP
Posted by zaru on 19th of Aug 2008 at 03:51 pm
Dodger,
On DGP's 15 min chart at nearly market close, as the price peaks higher, I see both negative divergence plus huge volume spikes. The volume spikes on a rising price make me think it's buying, but the neg divergence makes me wonder if it's not selling into strength.
Your take sir?
Thanks.
- Zaru
GLD has resistance at 82
Posted by dodgerdog on 19th of Aug 2008 at 03:54 pm
GLD has resistance at 82 - that's what I'm tracking.