Divergence is very bearish

[stock_trad3r]

If you;re going to daytrade learn how to profit off this easy to recognize pattern. Very reliable.

 

[lindq]

Quote from stock_trad3r:

If you;re going to daytrade learn how to profit off this easy to recognize pattern. Very reliable.

Assuming that your lower chart is of an individual equity, I would more likely be buying that chart, not selling it.

That's what makes a market.

 

[increasenow]

Quote from stock_trad3r:

If you;re going to daytrade learn how to profit off this easy to recognize pattern. Very reliable.

what is the "divergence" indicator?...MACD, Stoch etc.???

 

[Anekdoten]

Divergence signals are as good as flipping a coin. In countless reports I studied they were as good as 50%. They are simply indicator deficiencies/irregularities.

Not here to debate it just informing, do your homework.

Anek