Posted On: 03/14/2014 1:36:12 PM
Post# of 56323
I believe DIVERGENCES to be the most powerful indicator in Technical Analysis . $FITX$
".. A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again - often a bullish divergence marks the end of a downtrend. " ...
".. A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again - often a bullish divergence marks the end of a downtrend. " ...
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