This divergence from the early June highs, line b, was the second significant divergence that had formed since the late 2006 high.

FORBES: Analyzing The Market's Health

Apple (AAPL) continues its renaissance this week, showing a significant positive divergence, finishing up 1.5%.

FORBES: Stocks Pause As Bulls Catch Breath But Still Snort Loudly

Swenlin, who is known for careful and detailed analysis, sees a significant positive divergence on his momentum indicator between this recent July low and the June low.

FORBES: Chart: Bank Stocks Poised For Short Term Rally