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Fundamentals, page-29

  1. 7,549 Posts.
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    Fair enough. A lot of people have zero interest in charts attempting to predict the future but in the chart that I provided, I'm calling out facts in the past. Whenever the MACD and RSI have reached these depths together, it's preceded a rise back to the 200EMA. That's a fact.

    So whether or not you chose to believe they price will rise back to the 200EMA again, you can't deny the fact that it's occurred 100% of the time (4/4 occurrences) since December.

    I do agree with you that only the zinc price will put a floor in the SP so if zinc sells off and/or the AUD rallies, these TA indicators will mean very little.
 
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