Dow Mini Sep Contract Divergence

Discussion in 'Technical Analysis' started by myminitrading, Jul 28, 2006.

  1. I am suspect of this rally, even tough I bought the dips all week because thats what the market was offering, it seems weak. Monday and Friday accounted for 90% of the gains this week and 1/3 of the gains on these days came from the overnight session.

    My charts were showing divergence since monday, and are still diverging.

    I will contiune to buy dips until we break down.
     
  2. what do you mean by divergence?

    surf
     
  3. Divergence? Is it how larger-caps have outperformed smaller-cap stocks during the past few weaks? That's usually a sign of a healthier bull market. You want the "generals" to lead the way higher, not the "soldiers". We'll see what happens. Be careful during September and October!