imilkon

The power of 3ple divergence(CMF)

AMEX:SPY   SPDR S&P 500 ETF TRUST
0
The power of triple divergence in Chaikin Money Flow index.The indicator often warns of breakouts and provides useful trend confirmation.Go short on bearish 3ple divergence.Go long on break above the resistance level. The several months/weeks positive Chaikin Money Flow provides excellent warning of the breakout.Is a strong tool specially for montly/weekly data

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.