A Reliable Signal for Bottoms

NYMO just formed a positive divergence with index prices, a textbook indicatior for a bottom.......................

Edited by redfoliage2, 24 September 2021 - 09:31 AM.

In 2019 we had this in May - June and SPX rallied for two months following it.  Since the pandemic we did not have it (due to lack of deep pullbacks) till this time, showing a perfect setting for the signal ..........................

Edited by redfoliage2, 24 September 2021 - 10:27 AM.