Tuesday, January 27, 2015 8:03:49 PM
Negative Divergence of the TDI
Here's a prime example of the negative divergence I yearn for!
1.) The Orange circles set the Price and TDI.
2.) Notice how the Price goes up but the TDI sets a lower high! This is the chart screaming at us to take notice. Look at the pink circles.
3.) The green arrow is the 3rd time we should test the TDI trendline. In most cases this is the exhaustive move. We should see things fall apart at the trendline or just below the trendline if not sooner....
This is part of the KISS method that I loved so much and why I incorporate it into my "system"
Here's a prime example of the negative divergence I yearn for!
1.) The Orange circles set the Price and TDI.
2.) Notice how the Price goes up but the TDI sets a lower high! This is the chart screaming at us to take notice. Look at the pink circles.
3.) The green arrow is the 3rd time we should test the TDI trendline. In most cases this is the exhaustive move. We should see things fall apart at the trendline or just below the trendline if not sooner....
This is part of the KISS method that I loved so much and why I incorporate it into my "system"
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