"YES and NO. It could be the begining, but for a true divergence to happen you'll need the market to make some new highs without the SRV breaking the 28.7 level. A higher high on the index, but a lower high in the indicator = divergence."
Here is some data: 01/30/98,16.0 02/02/98,28.4 02/03/98,28.7 02/04/98,27.9 02/05/98,26.7 02/06/98,23.8 02/09/98,12.4
You are saying 28.7 because it is the high on the data you provided, is this correct?
but this is incomplete for me....
lower high in the indicator...as of when...what dates are included... ???? and why
AND what if there is no higher high in the index....
" so your Speedy reference DNA."
well then I will think of the SRV as a VW jetta with no VR6...or maybe a hyndai(HA, I dont even know how to spell it)
still in my chicken trade...but my mantra still goes
OUT BY THE END OF THE DAY! |