To keep things simple, Hidden Pivot Analysis rarely concerns itself with oscillators such as stochastics, RSI, McClellan or MACD. However, these tools can sometimes be useful for predictive purposes — and for trading when combined with camouflage. The accompanying chart shows a ‘non-diverging’ MACD with bearish implications for the Dow Industrials. Why is this so? Join me Friday for a quick lesson in how to make good use of oscillators. The ideas I will present were at one time included in the Hidden Pivot Course under the heading “Everything You Need to Know About Stochastics in Five Minutes”.

