Crude diverging

Discussion in 'Energy Futures' started by Rickshaw Man, Jul 6, 2005.

  1. This chart shows some divergence.
     
  2. YM showing divergence as well. Time to get long
     
  3. Looks like on that crude chart, you could have said the same thing in reverse on Jun 29 for a buy signal.
     
  4. Crude divergence was good, Dow divergence was not.
     
  5. hi rick

    do you trade on your signals ?

    how come your chart does not show the spike

    to $62.10 overnight in Aug crude ?

    good luck ....

    :)
     
  6. I wait for the histogram to tick up or down, boy crude is getting slammed now at 58.35 down $2.95
     
  7. how come your chart did not show the spike to

    above 62 $ ?

    who is your data vendor e signal ?

    :)
     
  8. I forgot to refresh the chart.
     
  9. lets say someone would have traded off your original call ...

    I assume they would have been stopped out?

    would that person have been able to go short again ?

    guess this all depends on if one uses stops with
    day only prices ?

    :p
     
  10. Crude rallys back! not good.
     
    #10     Jul 7, 2005