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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: steve susko who wrote (2344)8/24/1998 7:18:00 PM
From: SE   of 44573
 
A divergence is created when the TICK sets a higher high and the SPOO sets a lower low, or in the alternative the TICK sets a lower low and the SPOO a higher high. This is clear in the charts today if you set up the SPOO and the TICK next to each other in the time frame I was discussing it. It doesn't always work, but it is a good set-up to watch for. I am sorry I did not trust it a bit longer than I did. It worked great.

-Scott
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