Applying stock market analysis of Convergence / Divergence [which may or may not be the correct application of such for this exercise] suggests that when a divergence of this nature happens, decrease in the underlying asset is soon to follow.
Not exact matches
However, please realize that the SAME TECHNIQUES of technical
analysis apply to ANY
stock market in the world.
We send them encouraging notes saying things such as, «Have you thought about how the Principal Components
Analysis you've done might
apply to
stock market data?»
The same
analysis applies to the
stock market.