Bullish divergence on SPY hourly chart
Hourly chart ...
SPY price is moving downwards(1) , however stochsatic is not registering that ... rather it is going up ... This is bullish divergence
wait for a confirmation like price close above that blue line (dsma 40) as a green candle (i.e close > open ) or wait stochastic pull further above 30 line ...
On Jan 5th also I have found and published the bullish divergence in SPY ... see what happened next price went up ... (see the previous link below )
SPY price is moving downwards(1) , however stochsatic is not registering that ... rather it is going up ... This is bullish divergence
wait for a confirmation like price close above that blue line (dsma 40) as a green candle (i.e close > open ) or wait stochastic pull further above 30 line ...
On Jan 5th also I have found and published the bullish divergence in SPY ... see what happened next price went up ... (see the previous link below )
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