Trading Divergences

What you see on the surface is often deceptive—In trading, as well as in life. A trend may appear strong, while below the surface it may be weak and ready to reverse. This class will teach you to use indicators for measuring the internal power of trends. You'll find bullish divergences near market bottoms and bearish divergences near market tops. They signal when the trend is suspect: it is better to exit, take profits, and even consider switching from long to short or vice versa. Dr. Alexander Elder will illustrate his talk with examples from his own Trade Journal.