cci divergence

If any of you use the following indicator, this happended yesterday 12/07/2012. I rely on this indicator a lot. Regards Suzee

CCI DIVERGENCE Calculation: This indicator detects bullish and bearish divergences between price and the CCI. A bullish divergence occurs when the stock price makes new lows while the indicator starts to climb upward. A bearish divergence occurs when the stock price makes new highs while the indicator starts to go lower. Interpretation: The divergences indicate a slowdown of the current trend and a probability of a reversal. If a bullish divergence is detected this indicator returns +1 (green histogram). If a bearish divergence is detected, the indicator returns -1 (red histogram). If no divergence is detected, the indicator returns 0.