Hour charts are continuing to show -ve divergence
Likewise day charts also are continously showing -ve divergence .
But my HI lo system says a buy at 10:00 on hour charts today morning with a close above hour high ema , 34 MA( 30 mins ) with 20 points SL.
If you feel that was risky , then buying on break of 5400 could have also worked today .
The Day trend is up with momentum with a close above Day high ema ,
and the Hour trend is also up with momentum with a close above Hour high ema.
I have no positions as of now .
If divergence has to play out , it will indicate by closing below hour high ( 5409) and then a close below 5 hour ema (5404) , untill then its a buy.
5393 is Hour low ema and Day high ema .
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