Wednesday, May 15, 2019 8:31:18 AM
Before 7AM this morning, I started my tradestation ...
The divergence jumped out at me. I was thinking I missed it by 10-15 minutes or so.
The overbought stochastic on the 180 tick chart was beginning to hook down
...so that confirmed my initial "too late" assessment.
But it wasn't done yet! There was still 20 points of upward movement left...
In the 1st snip, notice how much the MACD EMAs lag price, relative to the histogram and oversold stochastic.
Also notice the stochastic negative divergence in the 2nd snip.
Now it's done...
The divergence jumped out at me. I was thinking I missed it by 10-15 minutes or so.
The overbought stochastic on the 180 tick chart was beginning to hook down
...so that confirmed my initial "too late" assessment.
But it wasn't done yet! There was still 20 points of upward movement left...
In the 1st snip, notice how much the MACD EMAs lag price, relative to the histogram and oversold stochastic.
Also notice the stochastic negative divergence in the 2nd snip.
Now it's done...
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