Capitaland spots a positive divergence. As price formed a new low on 4 Oct, it is clear a few sessions later that the MACD has formed a higher low. The MACD is a lagging indicator just like other momentum oscillators. So, things are usually clearer a few sessions later. Acting before a clearer picture forms would be to pre-empt.
That the MACD formed a bullish crossover with the signal line in
