Thursday, January 6, 2011

Wanton Noodles in New York: HSI & SPX


When in need of a fresh perspective of your city, a stroll towards a little known part of town might help. How about Wanton Noodles(above), a popular Hong Kong dish in China Town, New York?

Here's another very interesting blue(HSI) and red(SPX) noodle dish you might enjoy:

Often times, a HSI-SPX divergence provides a good hint of a short-term reversal in trend. Have a look at the past instances, and the highlighted area. Combine this with the relatively high bullish sentiment, and this DJIA chart from a previous post. What do you think is on offer next for the SPX?
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