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Politics : RAMTRONIAN's Cache Inn -- Ignore unavailable to you. Want to Upgrade?


To: Gordon Quickstad who wrote (5356)5/2/1998 11:42:00 AM
From: gammaray  Read Replies (1) | Respond to of 14464
 
Gordon, I posted the ult oscillator mainly to show positive divergence and trend. It is not one of my primary indicators and certainly not one that i would use for trading if I were so inclined. However, it is representative of how the charts are shaping up. The focus is the month of april. The indicator shows a very strong divergence to the languishing price.

i have been watching the 1, 2, 3, 4 and 5 day charts of primary indicators. All have looked fairly good for a while now except the 3 day. I was surprised to see the 3 day show a little support last night.

Pos divergences have been occurring for some time but usually dissappate following news. These divergences can go on for some time but usually as with a pricing base the breakout could be pretty. And that's how they usually play out sooner or later. In this case obviously later.

Neil