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Strategies & Market Trends : Charting & Technical Analysis for Stock Indexes -- Ignore unavailable to you. Want to Upgrade?


To: macavity who wrote (80)11/21/2001 9:44:56 PM
From: chartwiznyc  Read Replies (1) | Respond to of 211
 
Yes exactly...........non-confirmation could be used in other ways & that’s just something to always watch for confirmation & non confirmation of the trend, an important tool to trading.............

You will find into the future my references to my chat room.... the reason why is that its a good way to show you what happened REALTIME at the time when i was looking at the markets & how i was thinking at that time.....& not just talking about what could have happened after the fact....stuff that works & what i was looking at........

Okay.....yesterday I noticed a sell divergence in MSFT, how ? well the this market was rallying & the indexes & other leaders where not.........look at your 5 min charts at the time of my commentary & see what I was referring to & follow my thinking & why & what happened from that point so you understand this sell type of divergence........

GO to this link and see the chart & transcripts to see what I was looking at & how i traded it......from the non confirmation trade

www.stocktrendwizard.com/MSFTnov20.htm