divergence pattern

Divergence Pattern

A bearish divergence pattern is defined on a chart when prices make new higher highs but a technical indicator that is an oscillator doesn’t make a new high at the same time. This is a signal that bullish sentiment is losing momentum with the high probability that sellers are stepping in and the market may

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sizzle index

Sizzle Index

The Sizzle Index is a feature on the thinkorswim platform that filters to find stocks that currently have an increase in the number of option contracts traded in relation to the last 5 days’ average of activity. The Sizzle Index is calculated as the ratio of the current total volume of put and call options

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