Understanding Divergences.

A video lesson.

Today was more chop as expected and if you are a subscriber of the report I talked about it yesterday here. 

I also talked about being an idea that is in a sell zone based on my market timing model. Today it sold off right at the open, paused, sold some more then rallied a little mid-day.

That’s from the report. What was also from the report is that the Nasdaq is bullish overall meaning checkbooks are bought.

That creates divergence: you have bearish and bullish.

I made a video here today to discuss this and it’s important for any of you that are trading and do not understand the idea of high-beta equities/correlation.

I am going to walk you through how to read that but also HOW TO READ THE Nasdaq/SP500 as an indicator to give you analysis for correlated stocks.

There are two live trades I am using to explain tonight on this.

If you are a subscriber you can use the chat/comment section to ask questions (the YouTube comments are turned off).

Reply

or to participate.