ReaperDidn't mean to bamboozle :}Bullish and bearish divergences...

Reaper
Didn't mean to bamboozle :}

Bullish and bearish divergences are usually applied to any of the Oscillator indicators such as stochastic, RSI, MACD, etc.

So a bullish divergence occurs when the oscillator (in this case Chaikin money flow ) is rising while the price is falling. Vice versa for bearish divergence.

There is an explanation and some examples on this web page if you scroll half way down.

Technical indicators and divergence

Cheers