jeudi, février 08, 2007

Divergences

As already explained many many times before, we can find negative divergences between the price and RSI/MACD... a rather bearish signal on the short term.
I'm always using the same index, but one thing is for sure: EXCEPT FOR THE BEL20 (let's say the Suez-index), ALL MAJOR INDICES ALL OVER THE WORLD ARE SHOWING THAT SAME NEGATIVE DIVERGENCE IN RECENT MONTHS!!!
I've never seen this before...!!!
Conclusion: markets are ready for a correction!(Stephan DEBRUYNE)















The long-term uptrend is still intact but positioned on the upper range of the trend channel. A trend consolidation is expected according to this circumstances and the negative divergences on most momentum indicators.
So be aware of some weakness in February/March.(Frédéric HEIREBAUDT)

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