ION

We had very positive technical signs go off on a number of portfolio positions today.  We also had bearish divergences go off in a few positions we recently initiated small short positions. I have written at length on RSI divergence as one of the few technical indicators I find useful.   Divergence the best technical indicator.   The following positions all showed bullish or bearish RSI divergences today:       Bullish RSI Divergence NAV Navistar at $51.89 INTC Intel at $21.01 IO ION Geophysical Corporation at $8.03 TMV Direxion 30 YR Treasury Bear 3X at $34.32  (note this has … Read more