Here is the screener settings that I use to find stocks with bearish daily divergence.
Most of the results are easily shortable stocks.
For best results, wait until the broad market or the sector index is overbought (>70 RSI) before shorting.
Success Formula:
Overbought Broad Market + Overbought Sector Index + Bearish Daily Divergence
= Significant Pullback or Reversal.
Proof of Concept:
Here - (almost all stock picks have pulled back by at least 10% since date of call out)
Good Luck!
Do you have one for bullish divergence?