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Hello Peter,
While I hesitate to disagree with you, I think your selection of end-points
for your thick black line is rather arbitrary. If the black lines are drawn
across the top of recent highs, they have both broken out this week. You may
be proven right with some more hindsight, but IMHO, this week's action is more
confirmation than divergence.
Martin.
Peter G wrote:
> RTs:
>
> Here is a GIF of a weekly chart I maintain. I have noted the divergence
> with thick lines.
>
> PG
>
> ------------------------------------------------------------------------
>
> Name: INDU-TRAN dvrg.gif
> INDU-TRAN dvrg.gif Type: GIF Image (image/gif)
> Encoding: base64
>
> ------------------------------------------------------------------------
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