Vestor, Your words describe a "Positive Divergence"... But they do not describe the behavior of the MACD on the Daily Chart that you attached: <A HREF="http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=%24ndx&time=&freq=" target="_blank">http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=%24ndx&time=&freq=</A> I see an $NDX closing at the low of day (1635) and a MACD also closing at the low of day (between -10 and -20), not at 0 as you described. Are you making your observations on the basis of the Daily Chart or on the basis of a chart of another time frame?