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RSI 70 ( could mean the rise wont be as much as expected or if u...

  1. 31,084 Posts.
    RSI 70 ( could mean the rise wont be as much as expected or if u trade today get out before tomorrow as it will push the RSI higher and that will mean the selling will get intense after that)

    Broken the 11 and 31 day expoential and simple moving price averages though we are looking for the 11 day to be higher than the 31 day that hasnt happened yet so points to spike and sell routine and then stabilisation

    Chakin money flow is just positive s othats a neutral signal

    Bollinger is affirmative for upside
    MACD-H is pointing to a sell.

    Overall i think trade and sell today if it gets going. Maybe before 2pm because if it rises hard and fast its gunna come back down just as fast if it fails to fire and stabilises u might have an entry tomorrow and a more favourable RSI
 
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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