Bearish Divergence
Updated
Bearish Divergence
Note
Bullish news stopped out. The ANZ Business Confidence Index in New Zealand lifted marginally to -37.1 in October 2018 from a decade low of -38.3 in a month earlier. Expectations for employment (-0.3 vs -1.3 in September), ease of credit (-31.4 vs -33.2) investment (-3.3 vs -9.2), and pricing (32.2 vs 30.2) improved.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.