Ditch - really appreciate all of your charts and analysis. Have
a question for you (or anyone) about the tick divergence which has
been in place
all day. Could
this condition indicate
"Buying on Weakness"by da boyz? If so, it should,
in fact, be followed by a strong rally as your timing model
indicates. Thoughts?
Here's anotehr way to look at the negative divergence, this is
the advancing volume on the nyse, look at the 23rd when $NYUPV
went up but price didn't -next day = large gap down
Negative Divergence continues
Posted by ditch on 27th of Jan 2012 at 12:56 pm
between the tick and the price
Tick Divergence
Posted by evne01 on 27th of Jan 2012 at 01:19 pm
Ditch - really appreciate all of your charts and analysis. Have a question for you (or anyone) about the tick divergence which has been in place all day. Could this condition indicate "Buying on Weakness"by da boyz? If so, it should, in fact, be followed by a strong rally as your timing model indicates. Thoughts?
Thanks.
Here's anotehr way to look
Posted by ditch on 27th of Jan 2012 at 01:35 pm
Here's anotehr way to look at the negative divergence, this is the advancing volume on the nyse, look at the 23rd when $NYUPV went up but price didn't -next day = large gap down
http://screencast.com/t/llnqRWSLeARb
Neg divergence
Posted by evne01 on 27th of Jan 2012 at 01:54 pm
I see what you mean. Jan 24th looks very similar to today.
Thanks again.
The tick should lead the
Posted by ditch on 27th of Jan 2012 at 01:21 pm
The tick should lead the markets, in this case someone is selling into strenght, imho