Pos/Neg Divergence on the DOW today

ChartMan

Legendary member
5,580 46
I'm posting here, today's Dow, showing classic Positive and Negative divergence.Trading using just TCI would have given you an excellent edge at calling the tops and bottoms. Members of the UK chat room will know I call pos. Divergence on the Dow to good effect....
See the attached chart which should be self explanatory. Other indicators were not so clear cut in all 4 cases.( RSI MACD Velocity etc.)
 

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RogerM

Established member
752 6
Martin - what time period are you using on your TCI indicator please - I think the AIQ default is 10, but I find on the UK Market chart that I get better signals from VP Trend and AD Indicator if they are shortened to 6 and 10 respectively.

Regards,
 
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