The home of the innovation of the Logarithm of Time as applied to the Markets.
We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Tuesday, August 3, 2010
What does this divergence mean?
Either the Slow Stochastics indicator in this chart is telling us we are at a very oversold place with lots of upside potential, or, the rally from the early July bottom is the predecessor for an extreme down move. Which is it?
Keep in mind that volume for this recent rally has been worse than uninspiring...