SLV noted a positive divergence with follow through during yesterday and the day before. Today SLV stalled a bit, perhaps taking a pause. TrendXplorer colors still bright red, waiting for the white dot first. So no action is needed yet.
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About gallows and positive divergence
For the third time in a row SPX painted a hanging man doji on its chart. On the two prior occasions price was heading due south.
SLV noted a positive divergence with follow through during yesterday and the day before. Today SLV stalled a bit, perhaps taking a pause. TrendXplorer colors still bright red, waiting for the white dot first. So no action is needed yet.
SLV noted a positive divergence with follow through during yesterday and the day before. Today SLV stalled a bit, perhaps taking a pause. TrendXplorer colors still bright red, waiting for the white dot first. So no action is needed yet.
