By: Chris Rowe — January 7, 2020
This Picture Speaks 1,000 words
This picture speaks 1,000 words.
And that's a good thing because I don't have much time to write, today, and our True Market Insider articles usually are about 1,000 words!
So do I have to keep typing?
The exponential RSI indicator at the bottom of the chart shows the negative divergences over the past year.
Negative divergence is when the RSI makes lower highs while the stock market makes higher highs.
Since the RSI isn't confirming what prices are doing, its a precursor to a price dip.
Just click on and study the chart and notice what's happening right now.
Hedge your positions so that you have some cash to buy cheap stocks when the market does pull back!