
Technical | Analysis page 439 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
410 Part V Trend Confirmation each other. A legitimate, strong trend, however, should have all indexes acting in concert. A divergence is, thus, considered to be a sign, especially after a trend has been in existence for a while, that the trend is slowing down and preparing to reverse. We saw…