CP DIVERGENCE BUYS and SELLS

  1999-2000  The Sell S7 divergnces occurred for 9 months before the market broke.
  It was being held up by higher openings.

  2002-2003 bottoms were picked up by bullish CP divergence B7s.

  2007 tops were picked up by bearish CP divergence B7s.

  2008 top was picked up by bearish CP divergence B7s.
  but but CP divergence was in September failed as Professionals reversed to Sell.



SPY9900.BMP (1920054 bytes)

SPY0203.BMP (1920054 bytes)
SPY0304.BMP (1920054 bytes)
SPY07.BMP (1920054 bytes)
 SPY08.BMP (1920054 bytes)