2use
Short

IWM negative divergence

AMEX:IWM   ISHARES RUSSELL 2000 ETF
132 3 1
It is what it is. Not much to add, many other indicators and indices say sell, this one was just so precise with the channel

Asia also dipped today, and the selling wave after yesterday's trading followed all over the world. SPY             and Nas100             are already trading at resistance (too simple to post on a separate chart), so we're sitting at decision point. One thing that bothers me, it seems too simple. And markets tend to surprise and stay irrational.

Linked a bad chart to this one, but check my charts for indices , you can see some similar observations
Republishing SP500, NAS - NEGATIVE DIVERGENCE ON RSi
tompower
2 years ago
you know one pet peeve I have about this graphical application is that I looked at your other chart and hit the play, but it didn't update any of the stochastic indicators. also I see the angle of that channel and it looks like a huge bull flag.
Reply
2use tompower
2 years ago
Thanx or the comment. Stochastics do not update when you press play on TV ...not all the time. And it does not say that i am short for breaking the flag below, but as it is within it, if it goes down, it has room to go for another iteration or at least to the middle of the channel.
Reply
2use 2use
2 years ago
Oh, and i indeed linked to the wrong chart, i published other correct charts, here is a result of seeing a divergence in the price in one of my charts
Republishing SP500, NAS - NEGATIVE DIVERGENCE ON RSi
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out