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Registered User
Joined: 10/7/2004
Posts: 9
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I have a question regarding how to interperet TSV divergence. I'm looking at a daily chart of VSEC, contemplating a short position. I'm looking at a TSV20. In the short term, TSV is following price. I'm a swing trader. My question is, if I go back to March 1st, the TSV low would indicate a positive TSV divergence. Is that more significant than the recent TSV action for a short-term trade?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You are asking for an opinion and chart interpretation. We trainers cannot offer either.
Have you watched Peter Worden's video on TSV yet? It is available via the link below and is the definitive source for learning the indicator:
Books & Videos
I will move this to the Market Talk forum so others can offer their opinions.
- Craig
Here to Help!
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Registered User
Joined: 11/1/2005
Posts: 240
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the recent tsv is comming from a weaker position than the march tsv, the mar tsv was comming off a high, it never really got above the center line. I'm not sure you understand the use of tsv. checking out the books and videos would be a good move. swing trading is best accomplished useing stocks with more price spread.
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