Absorption, Bulls vs Bears
How do you measure divergence? Most would answer with the RSI to MACD indicators. And how would you measure absorption? Stunned silence! Here is how readtheticker.com reviews absorption between the bulls and the bears.
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"Stock market technique is not an exact science. Stock (and commodities) prices are made by the minds of men (and women). Mechanical trading methods or mathematical formulas cannot compete with good human market judgment." ~ Richard D Wyckoff
"The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell." ~ John Templeton