Today we discuss the bullish divergence that took place in the Dow (YM) futures market this morning on a 240 minute price chart. This was a really well defined divergence and was accompanied by a hammer candlestick pattern, which suggested we should start to climb and catch up to the other indices.
Recent Related Articles
As the Rally Pushes Its Luck, the Smart Money Seeks “Defensive Growth”
Friday Outlook: Next Week’s Setup—and a Tax Trick for Portfolio Laggards
How to Beat the Casino Economy (Without Losing Your Shirt)
Friday Outlook: The Fed, Not the Trade Truce, Calls the Shots
The Bull Turns Three and Refuses to Act Its Age
Friday Outlook: The Economy Makes No Sense — But Smart Investors Can Still Win
Exploring the Future of Options Trading with AI
Decoding Trading Systems and Indicators
Discover the Best Live Trading Rooms for Maximum Profits