Indeed gap playing is hazardous, just as trying to catch a falling knife.
2 observations however :
1- it is clear that ALL the gaps are not necessarily closed but MOST OF THEM are, and usually in the 3 to 5 following days before starting again in the direction of the gap.
2 - When a...
You are completely right !
When one observe the MACD curves - not the histogram - there there is indeed no divergence.
I will go to bed smarter this night , thanks for the observation.
Regards,
" Because of the way the MACD is constructed. The MACD histogram measures the...
Hi dbphenix,
How that there is no divergence since the Nasdaq is trending ?
I've always thought that a divergence was a weakness of the trend, even a sign of a possible reversal.
Can you tell us how you use the divergences ?
Regards,