shecar- just look over the history of those for a moment,
and those charts are something we have posted for yrstd.
First off the divergences can last weeks before finally
playing out. When you look over the history they generally produce
some sort of pullback, sometimes a big one and sometimes fairly
small but generally something, so you can't really can't make a
conclusion on the level of correction, you use other charts to help
figure that out. Basically the imbalances need to be removed by
either a pullback or a very strong rally that erases them
Thanks, Matt. Just like to hear your time frame
perspective given so much on here is around short-term trades but
you guys do a great job of also addressing the bigger trends.
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Matt - Are you looking
Comparison charts SPX vs
Posted by shecar on 18th of Nov 2019 at 07:43 pm
Matt - Are you looking at these divergences from a “bigger picture” point of view or from a short-term correction perspective?
shecar- just look over the
Posted by matt on 19th of Nov 2019 at 10:56 am
shecar- just look over the history of those for a moment, and those charts are something we have posted for yrstd. First off the divergences can last weeks before finally playing out. When you look over the history they generally produce some sort of pullback, sometimes a big one and sometimes fairly small but generally something, so you can't really can't make a conclusion on the level of correction, you use other charts to help figure that out. Basically the imbalances need to be removed by either a pullback or a very strong rally that erases them
Thanks, Matt. Just like to
Posted by shecar on 19th of Nov 2019 at 12:44 pm
Thanks, Matt. Just like to hear your time frame perspective given so much on here is around short-term trades but you guys do a great job of also addressing the bigger trends.