“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Tuesday 1 December 2015

1 Dec 2015 - Negative Divergence Active

The negative divergence is now active in the 60 min. chart due to price moving above the Nov. 20 high.  Prices is in OB territory and can have the potential to accelerate up, so those short should be aware of this signal.  My Gann angle has also been breached to the upside.  What was once a resistance should now act as support.

SEN: Bearish
ST: UP
PA: UP



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