SPX 60-min Chart

silicon_beaver

MACD Negative Divergence.
Expect a reverse H-S.

curiosity2009

时时是好时

Isn't this 4h chart?

silicon_beaver

时时是好时 发表于 2012-6-9 17:20
Isn't this 4h chart?

Your eyesight so powerful.  

Yeah. I plotted on 60-min (to see details) but read it using 4h within my TOS account.

9号胡同

silicon_beaver

On daily chart, it's also visible. MACD negative divergence.

bokchoy888

very clear and precise....................

licai5688

开小差

why i see positive div?

silicon_beaver

开小差 发表于 2012-6-9 19:29
why i see positive div?

Really?

SPX LL (last Monday) but MACD HL. It's negative divergence. isn't it?

开小差

silicon_beaver 发表于 2012-6-9 22:38
Really?

SPX LL (last Monday) but MACD HL. It's negative divergence. isn't it?

that's pos div i think, if spy HL, MACD LL, that's neg div, am i wrong?

silicon_beaver

开小差 发表于 2012-6-9 19:56
that's pos div i think, if spy HL, MACD LL, that's neg div, am i wrong?

silicon_beaver

Example copied from Stockcharts. It's using GOOG. But you can compare it with SPX in my chart.

Link

开小差

silicon_beaver 发表于 2012-6-9 23:01
Example copied from Stockcharts. It's using GOOG. But you can compare it with SPX in my chart.Link

so did u see "bullish div"  on lower right side bottom?

silicon_beaver

开小差 发表于 2012-6-9 20:19
so did u see "bullish div"  on lower right side bottom?

Ou, I see.

You must be confused by "bullish divergence" and "negative divergence".

Here, negative divergence (most people call ND) is bullish divergence.

However, if an up-trend peaks and turns down. At that time, negative divergence (still called ND) should be bearish divergence.

In either case, ND is a simple, unchanged name.  

dsp

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大方向不错，不知道时间点如何？

silicon_beaver

dsp 发表于 2012-6-9 22:37
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大方向不错，不知道时间点如何？

SPX in its first leg-up.
When its first leg-down finishes, it should be about 06/04 + (14 ~ 18) days, i.e. 06/15 ~ 06/22.
Per Cobra's two-leg theory, it should have 2nd leg-up, then could go higher.