A Quick Look At Indicators - Dow Jones Transportation Average
IWM and DJT are my two favorite Leading market indicators.
Indicator is the RSI. 2 Hour chart makes it a relatively significant development.
If price increases dramatically it will invalidate the divergence. But the longer it exists, the more likely it will take hold. (Kind of like my bad golfing habits)
Indicator is the RSI. 2 Hour chart makes it a relatively significant development.
If price increases dramatically it will invalidate the divergence. But the longer it exists, the more likely it will take hold. (Kind of like my bad golfing habits)