Re: Trades SPX/bill ward

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In Response To: Re: Trades SPX/bill ward ()

YES it is a negative divergence if you understand negative divergences. You are referring to a double top divergence. This is not a double top. But the RSI 21 is dramatically WEAK "relative" to the the 2nd SPX high. That is also a negative divergence. If it was not a negative divergence the RSI 21 would only be 'slightly' lower than the Feb high it had. Not dramatically lower. THAT is a negative divergence. Not so simple is it!

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Re: Trades SPX/bill ward

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