divergences

A number of examples of a Reverse Divergence set up on Thursday.
FCX: Momentum registered its lowest reading since last week on a higher low, leading to a snap-back rally, while the re-test of the highs fizzled out, printing another divergence (lower high in price with an equal to slightly higher momentum reading).

RVBD: Reverse divergence on Thursdays lows and highs.  The long entry off the reverse divergence worked, but the sell signal didn't work out.

MON: The opening high was a sell divergence which turned out being a stubborn short.  Meanwhile the lows of the day was a buy divergence based on a strong momentum reading lower on a higher overall low.

MEE: Lower momentum lows on higher price lows, while on the 5-min a buy divergence triggered a long back to the Open of the day.  The Cup w. handle measured move was reached the following day.

CNX: More of the same reverse divergence, arrows indicating trigger entries

CDE: One which didn't work.  But the fact that it didn't work should be considered a hint at weakness going forward