Just look at how this divergences keep giving good signals. The value oriented mega caps initiated this new bull market, looks like is now turn for the growth oriented stocks. Take a look at the AMEX:SPYG / AMEX:SPYV ratio, is going up.
Hi All, SP future touch resistance line again and shows a sharp divergence just like former impulse. Waiting a good confirmation to take action. Wish you profitable trades
On the chart we can see a falling wedge with low volume.Stochastic show strong divergence, also as stochrsi. Red line is our resistance. I expect that price rise to this resistance. Stop loss under the bottom of the wedge.
In the monthly scale, could it be a huge divergence in SPX ?