Technical_Analysis_page_166

Technical | Analysis page 166 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 8 Measuring Market Strength 137 The peaks in 1937 and 1980, for example, occurred without a breadth divergence. After a sizable, lengthy advance, participants should be on guard and use a breadth divergence to help spot a potential market reversal. However, an analyst should not be adamant…