MACD bearish divergences

[kimchi]

When MACD histogram makes a lower high while the market reaches a higher high, it creates a bearish divergence.

This is a relatively rare formation in TA, and one of the most powerful signals available.

There's a class A on the S&P500, FTSE100 , and The DAX. The SMI played out a class A divergence back in June

These markets look like excellent candidates for the short side.

A class B on the CAC 40 and Shanghai looks like it's leading the potential downside in Asia. (class B divergence shows a lower high on the histogram while the market returns to it's previous high).

I'd post up some analysis with other indicators but I think most people here are more interested in FA, and uploading charts and the like is labourious on these boards.

There are 101 ways to use MACD and its histogram and is one of my favourite TA tools. Does anybody here use this indicator or have any ideas/opinions on its useage?