Dow Positive Divergence analysis

ChartMan

Legendary member
5,580 46
Look at the chart. It highlights the occurances of positive and negative divergences on the dow.There is a lot of them.
I prefer phase as it is clearer,but macd is a virtual copy of phase. These clearly identify a change of position, from long to short and vice verca, to good advantage.
Like all chart analysis, it's very easy with hindsight.....
 

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