Another Divergence on $SPY – This Time… Bullish

Today there was a beautiful bullish divergence that played out around 11am eastern. I know some of you may not know exactly what you’re looking at here, so I’ll explain.

If you look at the chart, you’ll see a clear lower low being made, while on the TSI oscillator (at the bottom) it is not showing the same lower low pattern.

Typically I prefer to see a lower low made on the chart with a higher low on the TSI, but if there is any clear difference between the two, they tend to be great trades to take.

Again, I encourage everyone to start looking for these trades, and I think you will see your win rate increase substantially.

Hope you guys killed it today!