MACD Divergence

Like RSI, MACD divergence can be a very powerful indicator. Beth will measure the most recent High/Low against whether that High/Low had a stronger MACD. If not, then she will announce a divergence situation.

For example, suppose the market is climbing, and after a brief retracement reached a new High. If that new High is matched by a new High in MACD, then nothing will be announced. However, if that new High was not matched by a higher MACD, then a divergence condition exists and Beth will say, "MACD bearish divergence." Optionally, she will also announce the chart that is showing the divergence.