In conclusion, with the charts mixed signals increasing, the fact that the forward valuation of the SPX based on forward 12-month earnings estimates from Bloomberg is back near a 15 year high with an ...

Almost 30 years ago, using a series of networked Apple II computers, I started doing research and began writing about divergence analysis. Over the years, I developed some rather specific guidelines ...

Forbes contributors publish independent expert analyses and insights. Tom is a pioneer in computerized technical analysis of the markets. Over the past month, many technical analysts have increasingly ...

Trading bullish and bearish divergences is a popular strategy to take advantage of the price movements in the forex market. While there are numerous strategies to use technical analysis as a useful ...

Bullish and bearish divergences occur when there is a discrepancy between a technical indicator and the market price. There are numerous tools that can be used to identify divergences – discover what ...

First macro divergence is bond yields vs. the PMI (PMI points to a possible push lower in bond yields). Second key macro divergence is accelerating import growth in EM vs. softening growth in DM. We ...

Since its early January peak, the euro has been trading about 5% lower. The single currency is being pressured by conflicting market themes—its status as a save haven asset versus the outlook for ...

I consider the goal of the trend follower to be threefold: identify trends, follow those trends, and anticipate when those trends may be exhausted. Every day, every week, every month, I’m trying to do ...