Technical_Analysis_page_162

Technical | Analysis page 162 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 8 Measuring Market Strength 133 When looking at indicators, the analyst is generally looking for confirmation or diver- gence. Confirmation occurs when prices are rising and these indicators rise, signaling strong market internals. Confirmation also occurs when falling prices are…