22-May

Spike Signal and Positive divergences

Hello SpikeTraders,Last wee a Spike signal formed and confirmed on Friday. A Spike Signal triggered intra-week on Tuesday and was confirmed on Friday once the week closed and the 52-week NH-NL Index moved back above -4000. All signals and triggers will form intra-bar but they are not confirmed until that bar is closed. I thought I would comment about this action as there were several questions referencing this signal last week. Let's look at the charts...

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