
081: Alan Farley – Breaking Down Breakouts and Dynamics of Price Movement, with The Master Swing Trader
Chat With Traders
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The Importance of Convergence to Vergence
Convergence to vergence is when two points in the market are going to either agree with each other or they're going to disagree with each other. A bearish convergence is when the thing that's weak is doing something that it should have done that was strong and a bullish divergence is what we saw this week. The SB 500 NASDAQ 100 Russell 2000 will form convergence to virgin's relationships up the ying yang, which one is leading a rally? That's godly information too. If you go back at 2000 and just go month by month and look at the convergence to verdance relationships created by pure doubt theory, which one of them is breaking out to a new high
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