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I see the small divergence on the short term Dow but not a confirmed
divergence on the Monthly Dow.
Brent
-----Original Message-----
From: Proffittak@xxxxxxx <Proffittak@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, May 11, 1999 10:57 AM
Subject: market divergence
>< Before the rather large pull back last year there was a divergence on
many
> divergence indicators in the monthly Dow Jones. None is there now,
although
> non-divergent turns do happen.
> >>
> hi
>
> there are MANY divergences
> a:MClullen osc is showing bearish div
> b: 14 week rsi on the nya is showing bearish diverence
> c: 12 month rate of change on the nya is showing a bearish
divergence
> d: weekly new hi minus new low showing MUCH smaller numbers
> we are forming a top
> WHEN is is ?? its the $99 question
> good trading
> Ben >>
>
>
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