Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Wednesday, February 16, 2011
EWJ Japan Daily Chart Negative Divergence
EWJ Japan daily chart shows negative divergence spank down with the blue lines. Now experiencing the pink lines negative divergence spank down. 11.1 to 11.2 area is critical representing horizontal support and trend line support. A pull back to the lower rail at 11.1 would be in order. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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