It's also on the daily overbought, the most since March this year. We had 5 days above the BB and we are now just backing and filling. The longer it takes to get through 22 the harder it will rally. All the corrections have been weak. It's interesting to note that all the positive action has taken place when London opens, particularly for the 3pm price set. The 14 month RSI has made a double bottom and has now exceeded the 14 month average.
It's also on the daily overbought, the most since March this...
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