Post
Topic
Board Speculation
Re: Something, something, something, technical analysis
by
cbeast
on 22/06/2014, 20:52:09 UTC
A small clarification: 1h MACD is still positive, just the divergence went negative.
MACD is a lagging indicator, the divergence is less lagging. This term confusion happens a lot in these forums.
 Possible way to explain it to someone with physics/math background:

TA               math                     physics               Astrology

price            function                 coordinates         Birth Chart
MACD           first derivative        speed                 Star Chart
divergence    second derivative    acceleration         Planetary Motion
FTFY