Daily Divergence MACD Charts

Daily Divergence MACD Charts   Daily Divergences are easy to locate compared to real time divergences. All that is required is for the short term time frames to get out of the way. What is the best lower time frame for a daily chart? The next lower time frame is best and it is the hourly. Compared with the even lower time frames the hourly gives a better bang for the buck and is less labour intensive. The hourly will run farther...

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Spider Call Options Sep 16

Spider Call Options Sep 16 A positive divergence emerged on the day before the FOMC after a few days of selling. See how it developed. MACD made a low on Sep 10 and increased over the following days while the SPY share price continued to make a series of lows. This process created a positive divergence between the MACD and the share price, resulting in a buy(red up arrow) on Sep 16. The purpleĀ  horizontal lines show the divergence and...

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Spider Put Options Sep 25

Spider Put Options Sep 25 The following charts show a negative MACD Divergence resulting in a big move in Put Options for the Spiders. Charts show the prices and at the bottom the MACD indicator.   The daily Spider has developed a Negative Divergence with the MACD. Near point 3 the SPY made a new high while the MACD continued down. The results is the SPY goes down very easily, as shown on the following charts.   The 14 min...

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Spider Options for Sep 26

Spider Options for Sep 26 On 9/25 and 9/26 a Positive MACD Divergence developed. The different time frames show how the divergence developed and the Option chart clearly shows what that did for the Option Price. At the bottom of the charts you see the MACD and the top part shows the prices with three moving averages.     The Spider 28 min chart shows that it supports an up move. The Spider 14 min chart shows a good example...

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