nyad ,..weekly nyse ad line actually bottomed in march 2000 after toppping in 1997.....and has been melting up ever since.....now that was a DIVERGENCE if u want to talk about divergence......the result of this monster positive divergence is now apparent......675 ono
DAX is dead: -20% by March 2018
Posted 22 November 2017 - 06:31 PM
Big divergence with the A/D line. You don't see anything that severe in US markets except for the 2000 top.
And cumulative breadth can continue to diverge for weeks, if not months, before it finally makes an actual difference to a price chart.
Posted 24 November 2017 - 06:41 AM
If you see this question,...
On what basis do you see this rather large decline? Purly technical? Or news events such as economy?
Edited by opinionated, 24 November 2017 - 06:42 AM.