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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: RWS who wrote (27738)3/26/1999 11:58:00 AM
From: wittder  Read Replies (1) of 79298
 
RWS,<It's better not to guess in this business.>
I wasn't , I noticed the relationship between "Move In Momentum" , "divergence",
My understanding is, momentum divergence in and of itself does not represent actual buy or sell signals, but do emphasize the significance of the BO when it happens.
Momentum leads the price move, so wouldn't it qualify as ONE of the indicators in a early detection of a reversal, or any move for that matter?
Wittder

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