2 replies to this topic

[eminimee]

MOMO low and price lows can happen simultaneously....but not often in this present bull market. (not arguing that the bull is alive or dead...just showing charts from when the bull began)

http://stockcharts.com/c-sc/sc?s=$NYAD&p=D&yr=5&mn=3&dy=0&i=p93120970734&a=46505665&r=6174.png

http://stockcharts.com/c-sc/sc?s=$NDX&p=D&yr=4&mn=6&dy=0&i=p56742023069&a=74522911&r=402.png

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=3&mn=6&dy=0&i=p89718890745&a=74401962&r=6264.png

[spielchekr]

Maybe the $N*MO's will again prefer to develop some + divergence (size does not matter ), like the last times before price recovered. Nice charts as always.

Edited by spielchekr, 05 August 2007 - 08:26 AM.

[ogm]

Maybe the $N*MO's will again prefer to develop some + divergence (size does not matter ), like the last couple of times before price recovered. Nice charts as always.

Look at daily NYMO for example.. we hit a -320 reading there, and now we're breaking down again, but the NYMO is already forming a positive divergence.