CDA 0.19% $15.80 codan limited

Bearish divergence: price makes new peaks but the indicator...

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    Bearish divergence: price makes new peaks but the indicator makes lower peaks.

    Bearish divergence = slowing trend & eventually consolidation or correction.

    CDA Weekly MACD Chart from 2009 -2011
    Will history repeat?
    CDA MACD Weekly 2009 - 2011.png

    CDA Weekly MACD Chart for 2016 - 2017
    Notice the similarities.
    CDA MACD Weekly 2016-2017.png
 
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