Correct. There is building negative divergence on the
60-min MACD and RSI. Also the NYSE A-D Line cumulative is
showing a negative divergence with respect to the April 29th SPX
high at 2955 vs the 2980 high yesterday. Divergence alone is
not a sell signal but something to monitor in the coming
days.
i see a neg divergence
Posted by watcdy on 21st of May 2020 at 10:14 am
i see a neg divergence on spy 60 min macd--can anyone confirm or do i see my optometrist
Correct. There is building negative
Posted by steve on 21st of May 2020 at 10:16 am
Correct. There is building negative divergence on the 60-min MACD and RSI. Also the NYSE A-D Line cumulative is showing a negative divergence with respect to the April 29th SPX high at 2955 vs the 2980 high yesterday. Divergence alone is not a sell signal but something to monitor in the coming days.
Steve your views always aprreciated
Posted by nichi on 21st of May 2020 at 10:39 am
Steve your views always aprreciated