Technical_Analysis_page_161

Technical | Analysis page 161 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

132 Part Il_ Markets and Market Indicators BOX 8.1 WHAT IS DIVERGENCE? The most important technical concept for confirmation of a trend is called a diver- gence. As long as an indicator—especially one that measures the rate of change of price or other data (called momentum)—corresponds with the…