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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (1849)3/2/2001 3:17:06 PM
From: Trader X  Read Replies (1) | Respond to of 52237
 
Another positive indicator (am I reaching?)

Nasdaq A/D line is making the first positive divergence to price in 2 years or more.

stockcharts.com

I was bearish a little while ago, now I'm starting to feel all warm and fuzzy inside. If the Nas bottoms, the A/D line will show some sort of divergence, like it did at the top.