My favorite technical indicator is a tool that I have modified to show Wilder’s Relative Strength (RSI) divergence. It’s a great way of spotting short term trend changes up or down. Anadarko (APC) is exhibiting text book bullish divergence right now. It won’t take much of a catalyst for this coiled cobra to make a sharp move higher. To learn more about how I interpret divergence refer to this article I posted on the Sax Angle, Divergence- the best technical indicator
