[RT] mother of all divergences

[Ben <profitok@xxxxxxxxxxxxx>]

To answer that you need to see if there is also  a bearish divergence on the McLullen osc

 

for adv issues  and   the Mclullen osc for vol

 

can aneone post that?
best regards
Ben
Sent: Sunday, November 07, 2004 5:58 AM
Subject: [Trading_Systems] Mother of all divergences

 

 
FWIW, SPX has surpassed the Feb04 high,
 whereas the DOW and the NAS (composite)
 have not. SPX has not been this high since
 2002.
 
To break their Jan04 highs, ..
 - DOW needs to go about 300 points
 - NAS needs to go about 150 points
 
This is a rather strong divergence,
 portending a downward move.
>
> Any thoughts?
>

 

 

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