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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (4511)9/7/2000 10:31:39 AM
From: Louis V. Lambrecht  Respond to of 19219
 
Thanks - all clear now. Should have searched for the site before asking.



To: J.T. who wrote (4511)9/7/2000 10:57:10 AM
From: d j chen  Read Replies (1) | Respond to of 19219
 
JT, bobby, and others,

Looks like the DOW is form a bearish divergence between
price and RSI(14)/CCI(20). The price made higher high but
both RSI and CCI made lower highs.
stockcharts.com[W,A]DFCLYYMY[PB50!B200!D20,2][VC60][IUB14!UD20]

Notice that this happened early Jan and early April.
Look at what happened right after those two divergences.
Is this a repeat?

DJ


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