Positive and Inverse Positive Divergences

*
To begin, I credit Monty's post with giving me the idea for this discussion. Thank you, Monty.
*
Positive divergences and inverse positive divergences.
*
We all know about positive divergences. They occur when price makes a lower low but the underlying momentum indicator, such as the True Strength Index (TSI) or Relative Strength Index (RSI) or Rate of Change (ROC) , does not agree with price movement - as it simultaneously makes a higher low.
*
This disagreement of price strength and direction is usually resolved with price correcting the disagreement by moving higher.  In other words, a positive divergence is bullish and is usually successfully used as a BUY signal.
*
But what if these two conditions are reversed? What if price is making a higher low while the momentum indicator is making a lower low? What in the world is that, what does it look like and how does price respond to this condition?
*
Well, read on as I am about to show you.
*
I call this setup the inverse positive divergence. People rarely notice it as they do not, apparently, know to look for it. I certainly have not head anyone talk about the inverse positive divergence or the inverse negative divergence, but I read about positive and negative divergences all the time!
*
And yes, just as there is a negative divergence there is also an inverse negative divergence.
*
Truth be told, the inverse positive divergence has the same effect on price as the positive divergence. That is, it is a bullish BUY signal.
*
And, the inverse negative divergence has the same effect on price as the negative divergence. That is, it is a bearish SELL signal.
*
Anyway, for this post I have made 6 charts.  I had my FreeStockCharts software set on weekly at the top of my alpabetical list of mining stocks and I went right down the list until I found 3 examples of positive divergence and 3 examples of inverse positive divergence. Then I quit making charts. But please know that I could have shown the same thing using daily charts, 4 hour charts, 1 hour charts, even 5 minute charts. When something is true..... well, it is true, of course!
*
Here are the 6 charts. The first 3 illustrate positive divergence, the latter 3 illustrate the inverse positive divergence. Enjoy!
*
Click on any chart to ENLARGE
*

AZC
Positive Divergence
*

BWLRF
Positive Divergence
*

CXZ
Positive Divergence
*

AGQ
Inverse Positive Divergence
*

AUQ
Inverse Positive Divergence
*

CPPMF
Inverse Positive Divergence
*