Tag: rsi divergence pattern
Nasdaq 100 ETF (QQQ) Downside Risk Price Targets
The Nasdaq 100 ETF (QQQ) is beginning to show further signs of deterioration, from bearish momentum divergences between price and RSI to weakening breadth...
S&P 500 Declines Into April Highs: Will This Support Hold?
That's a great question. Â No one knows with any certainty which is why we follow the price action and (indicators related to price). They...
Apple (AAPL) Looks Ready For A Tactical Bounce
On April 18th I wrote about potential weakness in Apple on an absolute and relative basis after the stock confirmed a failed breakout. The stock...
Why Investors Should Be Careful Using Market Divergence Signals
Nearly all technical analysts of stocks and other securities make use of technical indicators to help them make trading and investing decisions.
Technical indicators are...
Is Apple (AAPL) Ready To Break Out Of Its Consolidation?
I tend to cover Apple's stock about once or twice a month. Not because I am an Apple (AAPL)  stock fanatic, but because AAPL has a...
RSI Reversals And Why Small Caps May Rise Again
Market technicians like finding and pointing out divergences whether they are bullish or bearish, myself included. That is why I would like to discuss...
Redlining Momentum: Is the S&P 500 At Risk of Blowing Up?
Up 12 of the last 13 days at mid-day, equities are cutting through some rarely-tread waters today with the June S&P 500 E-mini futures...
RSI Divergence Patterns: Spotting Trading Tops and Bottoms
One of my favorite patterns to watch for near market bottoms and tops is the RSI divergence pattern. But, I must caution that it...