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I ran a 14 and 28 day RSI. There is no divergence.
I also have a long term Stoch, 89 days, on my chart and this shows a
divergence. However other indicators are still down.
Today's NASDAQ chart is still down.
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: <leo.timmermans.lt@xxxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, February 28, 2001 6:55 AM
Subject: Divergence between Nasdaq composite index and RSI
> Hi,
>
> In a local investment paper, an analyst said he had good confidence the
Nasdaq
> composite index would
> go up (the odds at least) because he saw positive divergences between the
> composite and the RSI.
> Did not specify the period of the RSI. I cannot see it, but then again my
eyes
> are not yet that trained.
> Anyone sees the divergences ?? If so, can you show me a in a graphic ???
>
> thanks
> Leo
>
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