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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (44685)3/27/2008 11:03:01 AM
From: Return to Sender  Read Replies (1) | Respond to of 68420
 
Tim most of the BP Indices are showing positive divergences. By that I mean higher lows at the most recent bottom compared to that in January:

siliconinvestor.com

I will show the BPNDX here as an example. Note it fell to 14 in January and bottomed at 22:



The actual numbers are not that important to me though Gottfried does share the specifics.

Message 24442939

The positive divergences are a sign of a bottom however.

RtS